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23 Nov Control Variables – Demand – Supply Model

In continuation of the discussion on selecting control variables. Another way to set control variables is to split the model into demand and supply model. This approach is coined as demand supply equilibrium modelling using simultaneous equation approach. Popular examples of such models include (Afzal,...

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19 Nov Control Variables – Indexation Approach

In continuation of the discussion on selecting control variables. For the case when there are too many variables have been found to be used as control variables, then we can divide them intro groups of social, economic, or financial variables and shorten them (using Factor...

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