Tag Archives: endogeneity

Exogenous Shock*

Surprise, surprise! I went to a conference and I liked it. What’s not to like about plenty of good food, good company, a boxing bag in the gym, and setting the a/c  on 67 with no complaints from the peanut gallery? … Continue reading

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Asymptotically Valid Co-Variance Estimator

Did you get yours yet? I heard all the hip variance-co-variance matrices are into bondage validity this year. Econometric validity requires two conditions: no bias and consistency. This may be the first time the egg-heads got it right. Back to the … Continue reading

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Faith-Based Econometrics

It’s wrong like bacon fried Twinkies are wrong. It’s wrong like laughing during Schindler’s List. Not caring about the matrix algebra fundamentals underlying the SAS/Stata commands is wrong when I am cultivating a lifelong habit of learning.** Does a girl … Continue reading

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