Hi,
Trying to replicate a Monte Carlo simulation in Hill/Griffiths/LIm "Principles of
econometrics" (3rd ed, p 273)
I run in to problem when in my script trying to incorporate that the population
correlation between the x-values and
the error-values should be 0.6. Could anyone help me?
Best regards,
Lars
Lars Palsson Syll
Professor of Civics
Malmo University
Sweden