For better or worse, semilogarithmic regression models are used a lot in empirical economics. It would be nice to think that this is because the researcher found that a logarithmic transformation of the model's dependent variable led to residuals ...
If you don't follow Marc Bellemare's blog (shame on you - you should!), then you may not have caught up with his recent posts relating to his series of lectures on "Advanced Econometrics - Causal Inference With Observational Data" at the University of ...
If you don't follow Marc Bellemare's blog (shame on you - you should!), then you may not have caught up with his recent posts relating to his series of lectures on "Advanced Econometrics - Causal Inference With Observational Data" at the University of ...
Suppose that we have (only) two non-stationary time-series, X1t and X2t (t = 1, 2, 3, .....). More specifically, suppose that both of these series are integrated of order one (i.e., I(1)). Then there are two possibilities - either X1 and X2 are co...
Suppose that we have (only) two non-stationary time-series, X1t and X2t (t = 1, 2, 3, .....). More specifically, suppose that both of these series are integrated of order one (i.e., I(1)). Then there are two possibilities - either X1 and X2 are co...
In a recent post I mentioned the 2018 "edition" of The Econometric Game, which was held in Amsterdam earlier this month.In random order, the finalists, after the first two days' of competition, were the teams representing:Aarhus UniversityErasmus Unive...
In a recent post I mentioned the 2018 "edition" of The Econometric Game, which was held in Amsterdam earlier this month.In random order, the finalists, after the first two days' of competition, were the teams representing:Aarhus UniversityErasmus Unive...
Very belatedly, here is my list of suggested reading for April:Biørn, E., 2017. Identification, instruments, omitted variables, and rudimentary models: Fallacies in the "experimental approach" to econometrics. Memorandum No. 13/2017, Department of Eco...
Very belatedly, here is my list of suggested reading for April:Biørn, E., 2017. Identification, instruments, omitted variables, and rudimentary models: Fallacies in the "experimental approach" to econometrics. Memorandum No. 13/2017, Department of Eco...
In a comment on my recent post about the long-running Econometrics Game for graduate student teams, "BJH" kindly pointed out the existence of a counterpart for undergraduate econometrics students.The "Metrics Game" is a two-day competition organised by...
