adjective
- of or relating to econometrics; using statistical and mathematical methods to analyze economic data and test economic theories
Usage: technical; academic
Examples
- The econometric model predicted a decline in consumer spending next quarter.
- Researchers used econometric analysis to study the relationship between inflation and unemployment.
- The econometric approach allowed economists to quantify the impact of the policy change.
- Her dissertation employed advanced econometric techniques to examine wage inequality.
- Econometric evidence suggests that interest rate increases slow economic growth.