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This paper focuses on econometrics pedagogy. It demonstrates the importance of including probability weights in regression analysis using data from surveys that do not use simple random samples (SRS). We use concrete, numerical examples and simulation to show how to effectively teach this...
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This paper focuses on econometrics pedagogy. It demonstrates the importance of including probability weights in regression analysis using data from surveys that do not use simple random samples (SRS). We use concrete, numerical examples and simulation to show how to effectively teach this...
Persistent link: https://www.econbiz.de/10014180010
A review essay of Mark Skousen's The Big Three in Economics: Adam Smith, Karl Marx, and John Maynard Keynes. The bottom line is this: If you want Skousen's view of the history of economics, skip The Big Three and read The Making of Modern Economics
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