Changes regarding the importance of graduates' competences by employers and changes of competences themselves are to a great extend driven by the technological changes, digitalization, and big data. Among these competences, the ability to perform business and data analytics, based on statistical...

Statistics as a modern discipline has emerged and developed as part of the development of scientific inquiry. While Islamic civilization has contributed to many key areas of modern knowledge, one of the areas that has rarely been explored in this context is statistics. This paper examines the...

This paper introduces identification-robust subvector tests and confidence sets (CS's) that have asymptotic size equal to their nominal size and are asymptotically efficient under strong identification. Hence, inference is as good asymptotically as standard methods under standard regularity...

In order to bridge temporary delays in the dissemination of official foreign trade statistics compiled by the National Board of Customs after the Finland's entry into the EU in 1995, the Bank of Finland decided to introduce a special survey on Finnish foreign trade in merchandise.It was felt...

The presentation was delivered at the invitation by the Department of Statistics at London School of Economics and Political Science based on an original research paper titled CDS Rate Construction Methods by Machine Learning Techniques by Raymond Brummelhuis and Zhongmin Luo here:...

We show the statistical properties of the most important cryptocurrencies, of which Bitcoin is the most prominent example. We characterize their exchange rates versus the US Dollar by fitting parametric distributions to them. It is shown that returns are clearly non-normal, however, no single...

An ever increasing share of human interaction, communication, and culture is recorded as digital text. We provide an introduction to the use of text as an input to economic research. We discuss the features that make text different from other forms of data, offer a practical overview of relevant...