Concept

Econometrics

Econometrics is an application of statistical methods to economic data in order to give empirical content to economic relationships. More precisely, it is "the quantitative analysis of actual economic phenomena based on the concurrent development of theory and observation, related by appropriate methods of inference". An introductory economics textbook describes econometrics as allowing economists "to sift through mountains of data to extract simple relationships". Jan Tinbergen is one of the two founding fathers of econometrics. The other, Ragnar Frisch, also coined the term in the sense in which it is used today. A basic tool for econometrics is the multiple linear regression model. Econometric theory uses statistical theory and mathematical statistics to evaluate and develop econometric methods. Econometricians try to find estimators that have desirable statistical properties including unbiasedness, efficiency, and consistency. Applied econometrics uses theoretical econometrics and real-world data for assessing economic theories, developing econometric models, analysing economic history, and forecasting. A basic tool for econometrics is the multiple linear regression model. In modern econometrics, other statistical tools are frequently used, but linear regression is still the most frequently used starting point for an analysis. Estimating a linear regression on two variables can be visualised as fitting a line through data points representing paired values of the independent and dependent variables. For example, consider Okun's law, which relates GDP growth to the unemployment rate. This relationship is represented in a linear regression where the change in unemployment rate () is a function of an intercept (), a given value of GDP growth multiplied by a slope coefficient and an error term, : The unknown parameters and can be estimated. Here is estimated to be 0.83 and is estimated to be -1.77. This means that if GDP growth increased by one percentage point, the unemployment rate would be predicted to drop by 1.

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Official source

https://en.wikipedia.org/wiki/Econometrics

About this result

Related courses (4)

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A first course in statistical time series analysis and applications. ...

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FORMATION Mars 1990 : Engagement au Laboratoire d'électromécanique et de machines électriques (LEME), devenu entre temps le laboratoire d'actionneurs intégrés (LAI), comme assistant puis comme fonctionnaire scientifique. Janvier 1990 : Diplôme d'ingénieur EPF en microtechnique. Juillet 1985 : Maturité de type scientifique.

- - EXPERIENCES ET DOMAINES DE COMPETENCES
Modélisation et simulation de l'alimentation des moteurs de l'avion Solar Impulse sur la base des résultats de la modélisation par éléments finis (FEM) de la structure magnétique Développement du banc de mesure (mécanique et software) du moteur Solar Impulse (dès mars 2004);
Dans le cadre d'un Projet CTI en collaboration avec l'entreprise Medtronic (Projet ColoStim), développement d'un appareil de traitement de la constipation consistant en des électrodes implantées le long du colon et alimentées par induction, à haute fréquence, à l'aide d'une bobine primaire placée autour du thorax du patient (janvier 2006 - mars 2007);
Développement du modèle équivalent d'une montre à glace tactile et analyse de l'effet des décharges électrostatiques sur cette montre. Projet CTI en collaboration avec l'entreprise ETA-Swatch Group (avril 2003 à octobre 2004);
Développement d'un système de transfert d'énergie pour navettes automotrices de machines d'assemblage. Projet CTI en collaboration avec l'entreprise Montech AG (octobre 2001 à octobre 2002);
Développement d'une installation de transfert d'énergie pour des wagonnets de transport de rouleaux pour l'industrie du papier avec l'entreprise Valmet AG (Groupe Metso Paper) (2001);
Développement d'un banc de mesure pour actionneurs linéaires dans le cadre d'un mandat avec l'entreprise Sonceboz SA (mars 1998 - juillet 2000);
Développement d'une installation de transfert d'énergie pour un convoyeur d'outils dans le cadre d'un mandat avec l'entreprise MCM SpA (Italie) (juillet 1998 avril 1999 et déc. 1999 avril 2000);
Développement d'un banc de test pour vibreur électromécanique dans le cadre d'un mandat avec l'entreprise ASULAB SA à Marin (octobre décembre 1999);
Développement et responsabilité d'une installation de démonstration d'un Système de transport automatique à transmission d'énergie par induction - Projet Serpentine 2 PSEL (déc. 1996 juin 1999);
Développement d'un banc de mesure et d'analyse pour moteurs à courant continu dans le cadre d'un projet d'impulsion RAVEL (sept. 1995 - mars 1997);
Développement d'un convertisseur de fréquence à résonance de 2,4 kW pour l'alimentation d'un transformateur sans fer dans le cadre du transfert d'énergie sans contacts Projet Serpentine PSEL (février 94 déc. 1995);
Développement d'un banc de mesure pour moteurs pas à pas dans le cadre d'un mandat avec l'entreprise Sonceboz SA (mars 1992 nov. 1995);
Développement d'un convertisseur direct de fréquence AC/AC de basse puissance dans le cadre du projet du cur artificiel Suisse (mars 1990 - mars 1992);
Suivi d'une vingtaine de projets de semestre et de master EPFL;
Divers projets de moindre envergure (alimentations, démonstrateurs, acquisitions de données, micro-informatique, circuits imprimés).

PUBLICATIONS DOMAINE DU TRANSFERT D'ENERGIE PAR INDUCTION M. Jufer, L. Cardoletti, B. Arnet, P. Germano, Ch. Koechli, N. Macabray, M. Perrottet, "Dispositif de transmission d'énergie électrique à un véhicule, sans contact, par induction - Projet PSEL N° 16 - Magnéto-glisseur", Rapport de synthèse 1995, EPFL-DE-LEME, Lausanne - Suisse, 18 octobre 1995; M. Jufer, L. Cardoletti, P. Germano, B. Arnet, M. Perrottet, N. Macabrey, "Induction Contactless Energy Transmission System for an Electric Vehicle", ICEM96, International Conference on Electrical Machines, Vigo, Sept. 10-12, 1996, Vol II, pp. 343-347; P. Germano, M. Jufer, "Contactless power transmission: Frequency tuning by a maximum power tracking method", EPE '97, 7th European Conference on power electronics and applications, Trondheim, Sept. 8-10, 1997, Vol IV, pp. 693-697; M. Jufer, L. Cardoletti, P. Germano, B. Arnet, M. Perrottet, Swiss Federal Institute of Techno-logy, DE-LEME, 1015 Lausanne, Switzer-land, "Inductively powered automatic vehicles - Ser-pen-tine", EVS-15 '98, 15th International Electric Vehicle Symposium and Exhibition, Brussel, Belgium, Sept. 29 - Oct. 3, 1998, pp. 403-404; P. Germano, Nicolas Macabrey, M. Jufer, Swiss Federal Institute of Technology, DE-LEME, 1015 Lausanne, Switzerland, "Contactless Power Transmission: Linear Positioning of the Moving Element", EPE '99, 8th European Conference on Power Electronics and Applications, Lausanne, 7-9 September, 1999, Art Nb 685; P. Germano, M. Jufer, L. Cardoletti, B. Arnet, Ch. Koechli, N. Macabray, M. Perrottet, "Système de transport automatique à transmission d'énergie par induction. - Projet PSEL N° 115", Rapport final 1999, EPFL-DE-LEME, Lausanne - Suisse, 31 août 1999; P. Germano, I. Stefanini, W. Montella, L. Cardoletti, Y. Perriard, "Système de transfert d'énergie pour navette de machines d'assemblage Projet CTI n° 5780.1 KTS", Rapport final, EPF Lausanne-LAI, Suisse, mars 2004; I. Stefanini, P. Germano, L. Cardoletti, W. Montella, Y. Perriard, "Inductive Charge System for Assembly Plant Shuttles", CD-ROM, EPE 2003, Toulouse, (France), 2-4 Septembre 2003; P. Germano, I. Stefanini, Y. Perrirad, "Stimulation colique pour le traitement des troubles de la motilité Projet ColoStim Projet CTI n° 7362.2 LSPP-LS", Rapport final, EPF Lausanne-LAI, Suisse, mai 2007. DOMAINES DES BANCS DE MESURE - MESURES P. Germano, "Système automatique de mesure", Rapport technique vol. I & II, EPF-Lausanne, 1995; P. Germano, Ch. Kuert, "Banc de mesures automatisé pour entraînements électriques", Présentation et mode d'emploi, EPF-Lausanne, 1997; P. Germano, Ch. Kuert, M. Jufer, Swiss Federal Institute of Technology, DE-LEME, 1015 Lausanne, Switzerland, "Automated test bench for electric drives: Modular layout of soft- and hardware", EPE '99, 8th European Conference on Power Electronics and Applications, Lausanne, 7-9 September, 1999, Art Nb 683; Y. Perriard, P. Germano, I. Verettaz, "Banc de test pour vibreur électromécanique", Rapport technique, EPF-Lausanne, janvier 2000; P. Germano, Ch. Kuert, M. Jufer, Swiss Federal Institute of Technology, DE-LEME, 1015 Lausanne, Switzerland, "DSP controlled automated Test Bench for linear Actuators Design and Choices", EPE 2001, 9th European Conference on Power Electronics and Applications, Graz, 27-29 August, 2001, Art Nb 709; P. Germano, M. Crivii, D. Demarco, Y. Perriard, Swiss Federal Instutute of Technology, LAI, 1015 Lausanne, Switzerland & L. Paratte, R. Marquis, Service Unit RD, ETA SA (Swatch Group), 2540 Granges, Switzerland, "Analysis and Modeling of Electrostatic Discharge in a Tactile Glass Featured Watch", IAS 2004, 39th Annual Meeting, Seattle, WA, USA, October 3-7, 2004; P. Germano, M. Crivii, D. Demarco, Y. Perriard, Swiss Federal Instutute of Technology, LAI, 1015 Lausanne, Switzerland & L. Paratte, R. Marquis, Service Unit RD, ETA SA (Swatch Group), 2540 Granges, Switzerland, "Analysis and Modeling of Electrostatic Discharge in a Tactile Glass Featured Watch", IEEE Transaction on Industry Applications, Volume 43, Issue 4, July-aug. 2007, Page(s): 1091-1098;