tag:blogger.com,1999:blog-2198942534740642384.post2043134259234058404..comments2023-10-24T03:16:41.009-07:00Comments on Econometrics Beat: Dave Giles' Blog: Read Some Econometrics this Month!Dave Gileshttp://www.blogger.com/profile/05389606956062019445noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-2198942534740642384.post-45665192628822632642017-04-06T15:40:52.935-07:002017-04-06T15:40:52.935-07:00Dear Prof,
Can you write a blog on the issue of m...Dear Prof, <br />Can you write a blog on the issue of misclassification in binary variables. In particular how misclassification (misreporting treatment status) bias parameter estimates of interest? Also an extension of parameter identification when the misclassified binary variable as well as misclassification (probability of misreporting treatment status) is endogenous would be great<br />Many thanks<br />DavidAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-2198942534740642384.post-49039901047010645252017-04-03T13:03:30.465-07:002017-04-03T13:03:30.465-07:00The gain is that it's the most rapidly growing...The gain is that it's the most rapidly growing area in econometrics now that there are no real computational barriers. Also, much of the "large data" techniques that are being used are either explicitly or implicitly Bayesian in nature.Dave Gileshttps://www.blogger.com/profile/05389606956062019445noreply@blogger.comtag:blogger.com,1999:blog-2198942534740642384.post-82978762393708204912017-04-03T12:50:24.762-07:002017-04-03T12:50:24.762-07:00I went through the last piece and some of its refe...I went through the last piece and some of its references included the speech of Sims on bayesian methods. Having been formed only in frequentist methods during my undergraduate years, I am wondering how much of a gain there is to learn about bayesian statistics -- I mean, at least to a point it would be of service for serious work or better yet improve my hability to analyze data or sell my services later on.<br /><br />There is a cost to learning it: what's the gain? Stéphanenoreply@blogger.com