Similar Search Results

A Bayesian Exploration of Growth and Convergence.

Landon-Lane, J.S.; Quinn, J.A. - School of Economics, UNSW Business School - 1999

The topic of economic growth and convergence of countries has been an active topic in the 1990's. This paper investigates the question of whether there is any empirical evidence that countries are converging, with respect to their relative incomes, over time. To test for convergence, the...

Persistent link: https://www.econbiz.de/10005664117

A Comment on a Paper of Cribari-Neto and Zarkos.

Flachaire, E. - Groupement de Recherche en Économie Quantitative … - 1999

Recent results of Cribari-Neto and Zarkos show that bootstrap methods can be successfully used to estimate a heteroskedasticity robust covariance matrix estimator. We show that their bootstrap estimator can be calculated directly, without bootstrapping, and that inference based on it may not be...

Persistent link: https://www.econbiz.de/10005669447

The Econometric Analysis of Economic Policy.

Banerjee, A; Hendry, D-F; Mizon, G-E - Department of Economics, European University Institute - 1996

The application of econometric analysis to the process of economic policy formulation is considered. A framework is provided by the theory of reduction, specifically reductions where key information losses would invalidate policy.

Persistent link: https://www.econbiz.de/10005816380

Econometric analysis of carbon markets: the european union emissions trading scheme and the clean development mechanism

Chevallier, Julien - In: Economics Bulletin 31 (2011) 4, pp. 53-53

at those with a basic understanding of time series econometrics, this book will be extremely useful for researchers and … especially those in econometrics and carbon finance. The material is also appropriate for students (advanced undergraduates, MSc …, MBA) in the field of econometrics, energy and environmental economics. Readers are supplied with hyperlinks to data and R …

Persistent link: https://www.econbiz.de/10010835907

On standard-error-decreasing complementarity : why collinearity is not the whole story

Hayo, Bernd - 2017 - This version: 09 January 2017

There is a widespread belief among economists that adding additional variables to a regression model causes higher standard errors. This note shows that, in general, this belief is unfounded and that the impact of adding variables on coefficients’ standard errors is unclear. The concept of...

Persistent link: https://www.econbiz.de/10011579555

A graphical approximation to generalization : definitions and diagrams

Martel García, Fernando; Wantchekon, Leonard - 2013

The fundamental problem of external validity is not to generalize from one experiment, so much as to experimentally test generalizable theories. That is, theories that explain the systematic variation of causal effects across contexts. Here we show how the graphical language of causal diagrams...

Persistent link: https://www.econbiz.de/10009789052

Asset Pricing with Panel Tree Under Global Split Criteria

Cong, Lin William; Feng, Guanhao; He, Jingyu; He, Xin - National Bureau of Economic Research - 2022

We develop a new class of tree-based models (P-Tree) for analyzing (unbalanced) panel data utilizing global (instead of local) split criteria that incorporate economic guidance to guard against overfitting while preserving interpretability. We grow a P-Tree top-down to split the cross section of...

Persistent link: https://www.econbiz.de/10013477297

Generation Next : Experimentation with AI

Charness, Gary; Jabarian, Brian; List, John A. - National Bureau of Economic Research - 2023

We investigate the potential for Large Language Models (LLMs) to enhance scientific practice within experimentation by identifying key areas, directions, and implications. First, we discuss how these models can improve experimental design, including improving the elicitation wording, coding...

Persistent link: https://www.econbiz.de/10014372436

Historical Econometrics : Instrumental Variables and Regression Discontinuity Designs

Valencia Caicedo, Felipe - 2020

in the econometrics field — in the IV and RDD fronts. I then present a practical guide on regression diagnostics …

Persistent link: https://www.econbiz.de/10012824629

Why Has Econometric Inference Been Possible?

Holcblat, Benjamin - 2016

invalid in this case. Given the success of empirical econometrics, this leads to the question: Why has econometric inference …

Persistent link: https://www.econbiz.de/10013004079