Econometric Model

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Definition: Econometric Model


Econometric Model


Full Definition of Econometric Model


A set of equations that have been estimated by econometric methods and that are then used, together, to forecast the economy or to calculate effects of changes in the economy. Thus, an economic modelwhose equations are econometrically estimated.


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Definition Sources


Definitions for Econometric Model are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.