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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

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

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

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

Seasonal adjustment of weekly data

Mollins, Jeffrey; Lumb, Rachit - 2024

This paper summarizes and assesses several of the most popular methods to seasonally adjust weekly data. The industry standard approach, known as X-13ARIMA-SEATS, is suitable only for monthly or quarterly data. Given the increased availability and promise of non-traditional data at higher...

Persistent link: https://www.econbiz.de/10015115015

Applied Econometric Analysis Using Cross Section and Panel Data

Mukherjee, Deep (ed.) - 2023

This book is a collection of 20 chapters on chosen topics from cross-section and panel data econometrics. It explores … econometrics is evolving very fast and leading textbooks are trying to cover some of the recent developments in revised editions … empirical application. Thus, an applied econometrics textbook covering these cutting-edge methods is highly warranted; a void …

Persistent link: https://www.econbiz.de/10014447334

Principles of Econometrics : Theory and Applications

Mignon, Valérie - 2024

This textbook teaches the basics of econometrics and focuses on the acquisition of methods and skills that are … professionals and practitioners of econometrics, such as economists and researchers in companies and institutions, who will find …

Persistent link: https://www.econbiz.de/10014490528

Simulation and estimation of hedonic models

Heckman, James J.; Matzkin, Rosa L.; Nesheim, Lars - 2003

Making use of restrictions imposed by equilibrium, theoretical progress has been made on the nonparametric and semiparametric estimation and identification of scalar additive hedonic models (Ekeland, Heckman, and Nesheim, 2002) and scalar nonadditive hedonic models (Heckman, Matzkin, and...

Persistent link: https://www.econbiz.de/10001784247

Nonlinear SUR Models with Panel Data and Additive Auto-Correlated Errors

de Porres, Carlos; Krishnakumar, Jaya - 2011

This paper is concerned with the estimation of nonlinear SUR models with additive AR(1) disturbances using panel data. We propose a transformation which eliminates auto-correlation for the whole system and yields a classical SUR-EC model. We present a general class of minimum distance estimators...

Persistent link: https://www.econbiz.de/10014174986

On Synthetic and Composite Estimators for Small Area Estimation Under Lahiri–Midzuno Sampling Scheme

Pandey, Krishan Kumar - 2011

This paper studies performance of synthetic ratio estimator and composite estimator, which is a weighted sum of direct and synthetic ratio estimators, under Lahiri–Midzuno (L-M) sampling scheme. Both the estimators under L-M scheme are unbiased and consistent if the assumption of synthetic...

Persistent link: https://www.econbiz.de/10014180772