Econometrics is the application of statistical and mathematical models to economic data to test hypotheses and predict future trends.

It explores a unique range of topics each year - from the frontier of theoretical developments in many new and important areas, to research on current and applied economic problems, to ...

The empirical model may also be used to construct a way to forecast the dependent variable, potentially helping policymakers make decisions about changes in monetary and/or fiscal policy to keep the ...

These results are applied to several econometric problems: inference in simultaneous equations (instrumental variables (IV) regressions), linear regressions with autoregressive errors, inference about ...