As a horse, I must say that I’ve always been in awe of the versatility and adaptability of my fellow four-legged friends. Take, for example, the workhorses that pull carts, the racehorses that sprint at breakneck speeds, and the graceful show jumpers that defy gravity. In the world of econometrics, ...

As a horse, I’ve always appreciated the beauty of simplicity. You give me a field of lush grass, and I’ll be content for days. Similarly, in the world of econometrics, sometimes a simple approach can yield impressive results. One such technique that embodies this principle is the Pooled Ordinary Least ...

As a noble steed, I’ve observed many a herd of horses roaming the fields, each with their own unique set of characteristics and experiences. Just as these herds can provide valuable insights into equine behavior, panel data offers a wealth of information for economists seeking to understand complex relationships within ...

As economists and equine enthusiasts alike, we all strive for accuracy and reliability in our analyses. However, just like a pesky pebble caught in a horseshoe, selection bias can hinder our progress and undermine the validity of our results. In this article, we’ll take a deep dive into the world ...

Greetings, fellow econometric enthusiasts and horse lovers! Today, we’ll be trotting down the path of endogeneity, a common and complex issue in econometric analysis. Hold onto your reins, because this journey will take us deep into the heart of econometrics, all while sprinkling in some delightful equine wit. Endogeneity: A ...

Howdy, fellow equestrians and econometricians! Today, we’re going to take a leisurely trot through the fascinating world of count data models, an essential tool for understanding and analyzing count data in economics. So, grab your reins and let’s get ready for an adventure packed with equine wit and plenty of ...

Greetings, fellow equine enthusiasts and aspiring econometricians! Today, we’ll embark on a thrilling gallop through the world of limited dependent variable (LDV) models, a key component of econometrics that’s just as exciting as the Kentucky Derby. So, saddle up and get ready to trot down the path of knowledge as ...

As a horse, I’m no stranger to the intricacies of finding the perfect fit. Be it a saddle or a bridle, the right fit can make all the difference in performance. Likewise, in the world of economics, calibration and estimation techniques help to fine-tune models, ensuring they provide the best ...

As a horse, I’m used to navigating various terrains, but I must admit, the world of economics can be quite a wild ride. Today, I’ll take you on an exciting journey into the realm of Dynamic Stochastic General Equilibrium (DSGE) models. So, saddle up, hold tight, and let’s explore this ...

As horses, we’re experts at weaving through complex terrain, and that’s precisely what Synthetic Control Methods (SCM) do in the realm of econometrics. SCM is a powerful approach to estimating causal effects when experimental data is scarce. Let’s embark on a thrilling trot through the landscape of SCM, exploring its ...