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Binscatter is very popular in applied microeconomics. It provides a flexible, yet parsimonious way of visualizing and summarizing "big data" in regression settings, and it is often used for informal testing of substantive hypotheses such as linearity or monotonicity of the regression function....
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Binned scatter plots are a powerful statistical tool for empirical work in the social, behavioral, and biomedical sciences. Available methods rely on a quantile-based partitioning estimator of the conditional mean regression function to primarily construct flexible yet interpretable...
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I regress real GDP growth rates on the IMF's growth forecasts and find that IMF forecasts behave similarly to those generated by overfitted models, placing too much weight on observable predictors and underestimating the forces of mean reversion. I identify several such variables that explain...
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