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Alex Houser's Personal Website

Graduate Student of Applied Economics. Much meaningful economic theory focuses on the behavior of multiple organizations over time. The statistical data such firms will generate is called dynamic panel data. Unfortunately, developing statistical techniques to model the behavior of many groups (for example firms in a market) with complex interrelationships is difficult. A single errant observation can significantly distort the entire statistical model. Handling this problem of robustness.

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Graduate Student of Applied Economics. Much meaningful economic theory focuses on the behavior of multiple organizations over time. The statistical data such firms will generate is called dynamic panel data. Unfortunately, developing statistical techniques to model the behavior of many groups (for example firms in a market) with complex interrelationships is difficult. A single errant observation can significantly distort the entire statistical model. Handling this problem of robustness.
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Alex Houser's Personal Website | arhouser.net Reviews

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Graduate Student of Applied Economics. Much meaningful economic theory focuses on the behavior of multiple organizations over time. The statistical data such firms will generate is called dynamic panel data. Unfortunately, developing statistical techniques to model the behavior of many groups (for example firms in a market) with complex interrelationships is difficult. A single errant observation can significantly distort the entire statistical model. Handling this problem of robustness.

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Graduate Student of Applied Economics. The best econometrics blog belongs to Dave Giles:. Http:/ davegiles.blogspot.com/. The best source of open access US economic data is FRED:. Http:/ research.stlouisfed.org/fred2/. The best (slighly vulgar) webcomic is SMBC:. Http:/ www.smbc-comics.com/. If a man does not know to which port he is sailing, then no wind is favorable.

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Alex Houser's Personal Website

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Graduate Student of Applied Economics. For business students especially, many professors will advise that you keep up with the business news. As a younger student I was usually advised to pick up a subscription to the Wall Street Journal. But this is no longer necessary. There are a number of excellent free websites which cover business news, my favorite of which is Bloomberg.com. Podcast which can be accessed on the Marketplace Website. Might be the best place to start.

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Alex Houser's Personal Website

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World Bank GEM Data. This is a truncated dataset of the world-bank GEM commodities data which has had the file names renamed to make them more easily usible. I like to use this dataset to test and mess around with time-series models as storable commodities (like aluminium) are difference stationary whereas non-storable commodities (like bananas) are trend stationary.

5

Alex Houser's Personal Website

http://www.arhouser.net/programs.html

This is a simple R program I wrote that shortens the names of columns in a data-frame. When working with large datasets from the worldbank, I found that many of their column names, while descriptive, were annoying long, This shortens each column name according to a length determined by the user . This is a R function which executes the 2005 Henderson and Ullah non-parametric random effects estimator. As a caution, I have not finished testing it, and it should be considered in draft form.

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Alex Houser's Personal Website

Graduate Student of Applied Economics. Much meaningful economic theory focuses on the behavior of multiple organizations over time. The statistical data such firms will generate is called dynamic panel data. Unfortunately, developing statistical techniques to model the behavior of many groups (for example firms in a market) with complex interrelationships is difficult. A single errant observation can significantly distort the entire statistical model. Handling this problem of robustness.

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The standard error of the ratio of two regression coefficients. If one is willing to assume normality, then I believe the following logic should apply. Consider the standard regression set up:. Written more compactly as. Then we have following the standard regression derivations, that. Let us suppose our ratio of interest is. And let us suppose we are interested in knowing the the distribution of the plug-in estimator. As a quick consistency check, monte-carlo simulations run on a group of correlated ind...

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