Q: What are the aims and objectives of a comparative static analysis term report?
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To summarize simply, a comparative static analysis term report would discuss the outcomes of a particular comparative static analysis. In a comparative static analysis, the researcher aims to determine the change in an endogenous variable in a model based on a change in an exogenous variable. These types of analyses usually (but not necessarily) involve maximization or minimization to analyze the effect based on the sign of the relevant coefficient.
As a very simple example, a comparative static analysis could analyze the change in demand for condominiums or apartments (an endogenous variable in a supply and demand model) after a change in the area’s population (an exogenous variable). A report would discuss the results of such an analysis.
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