ECONOMICS 4551

SHAZAM Guide

• Testing for Heteroskedasticity
• Estimation of models with Heteroskedastic errors

SHAZAM programs for Textbook Examples

Examples 8.1 and 8.2

Example 8.3

Example 8.4

Example 8.5

Example 8.6

Example 8.7

Example 8.8

Section 8.4 Application: A Model of the Expenditure on Health Care in the United States

Sample Estimation Programs

Testing for Heteroskedasticity

Heteroskedasticity-consistent standard errors

Weighted Least Squares (WLS) Estimation

Homework Assignments (best viewed with  or )

• Textbook Exercises 8.1, 8.4-8.7, 8.10-8.15.
• Hand-in Assignment #1: Any one of Exercises 8.25, 8.27, 8.29.
• Technical notes on heteroskedasticity assignments

Updated February 12, 2008.
noelroy AT mun.ca