A Good Time to be an Economics Grad. Student?

Last Thursday, Neil Shah had this piece in the Wall Street Journal.

There'a a battle going on between the top U.S. economics departments for new and established talent. Of particular interest to economics grad. students, though:

"Established or not, economists are hot commodities. Last year, the average starting salary for new assistant economics professors was nearly $112,000 – the highest ever in inflation-adjusted terms and one of the highest across academic departments, according to the American Economic Association."

© 2012, David E. Giles

R Videos - and More

Some of us learn easily from the written word, but for most of us some visualization speeds up the process and generally helps with retention as well.

With that in mind I was delighted to see this nice list of free videos that demonstrate the use of R, posted on Ethan Fosse's blog, "Culture, Statistics, and Society".

Also of interest to econometricians will be Ethan's recent post outlining why he's dropped Stata completely in favour of R.

I'll be following his blog, for sure.

© 2012, David E. Giles