Econometrics deals with variables the quantitative character of which may arise in two different ways. Firstly, use is made of quantitative variables which represent measurable economic magnitudes, such as income, price, unemployment, imports, exports etc. Secondly, quantitative variables are used to indicate attributes, e.g., sex, social status, educational level, race, etc. These two types of variables will be referred to as „real" and „dummy" variables respectively. The use in econometrics of dummy variables in the above sense is the topic of this study.
|Qualification||Doctor of Philosophy|
|Publication status||Published - 1971|