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Data Estimation and Interpretation: An Analysis

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Author Info
Meyer, Thomas K.

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Abstract

There is an ostensible relationship between whether or not a nation is developed and the interpretation and collection of data in this nation. For instance, if a country is developing, it is difficult to collect figures, though much simpler to interpret them. The opposite is the case in a developed nation: the gathering of data is undemanding, however, the explanation for this data is difficult. Such a relationship has a quite pressing effect on economic performance, and this will be examined using a model assuming Rational Expectations, Adaptive Expectations and certain postulates of Price Theory.

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File URL: http://mpra.ub.uni-muenchen.de/12118/
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Publisher Info
Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 12118.

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Date of creation: 12 Dec 2008
Date of revision: 2008
Handle: RePEc:pra:mprapa:12118

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Related research
Keywords: Economic Data; Price Theory; Rational Expectations; Adaptive Expectations.;

Find related papers by JEL classification:
C10 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: General - - - General
B22 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Macroeconomics
D80 - Microeconomics - - Information, Knowledge, and Uncertainty - - - General
C80 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - General

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  1. Lars-Hendrik Roller & Leonard Waverman, 2001. "Telecommunications Infrastructure and Economic Development: A Simultaneous Approach," American Economic Review, American Economic Association, vol. 91(4), pages 909-923, September. [Downloadable!] (restricted)
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This page was last updated on 2009-11-15.

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