Linear regression is an econometric method of empirical research used in many sciences to estimate statistical causality between multiple factors, assuming all other conditions remain constant. In economics, it helps in testing theoretical models against reality. Single and multi-regression models are typically used for assessing varying scales of variable influences. However, limitations due to the ‘ceteris paribus’ clause lead to the introduction of multi-regression techniques, extending the analysis to other potential causative factors.
Tag: Scientific Writing
The Technique of Scientific Writing in Economics
Since I started training individual students from several economic faculties in German Universities about the technique of scientific writing, they asked me where they could find some inspiration to get an appropriate topic for their Bachelor and Master thesis. Depending on the regulations of your university, the supervising professor or
