econometric econometric  /ɪ ˌkɑ nə ˈmɛ trɪk/

Definition(s):

  • (adj) of or relating to econometrics

Usage(s):

  1. For the past generation, Washington policymakers have based their economic projections on econometric models.
  2. Otto Eckstein, the head of Data Resources, an econometric forecasting firm, was a summer intern at Value Line.

News

  • Georgia factories continue to slow

    ATLANTA - An index of Georgia manufacturing activity fell for the third month in a row, Kennesaw State University's Econometric Center announced Monday. The Purchasing Managers Index dropped 1.7 points in June to 52.1. That is 3.
    on July 2, 2013     Source: Athens Banner-Herald

Quotes

  1. "You have a very full agenda for the next two days," Bernanke warned. "The topics represent a good mix of theoretical work as well as empirical work based on both calibration and econometric estimation."
    on Dec 1, 2006 By: Ben Bernanke Source: BusinessWeek

  2. "The Government as I said in Parliament on Monday had conflicting advice before it. We took the advice of the ACCC (Australian Competition and Consumer Commission), because the ACCC was the only body which had done econometric modelling on the...
    on May 28, 2008 By: Kevin Rudd Source: ABC Online

  3. Biden answered, "Yes, look, there's an econometric model that, that economists have been using for decades to correlate the economic circumstances of the nation with the creation of jobs. It is a model known as question, it's a model the Council of...
    on Jun 15, 2009 By: Joe Biden Source: U.S. News & World Report

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/ˈlæŋɡ wɪʃ /