Econometrics Beat: Dave Giles' Blog

"God made X (the data), man made all the rest (especially ε , the error term)." Emanuel Parzen A while back I was ...

In a recent  post I talked a bit about some of the (large sample) asymptotic properties of Maximum Likelihood Estimators (MLEs). With some...

In a recent post , titled "Debt and Delusion",  Robert Shiller draws attention to a very important point amid the current bombar...

Since being proposed by Sir Ronald Fisher in a series of papers during the period 1912 to 1934 ( Aldrich , 1977), Maximum Likelihood Esti...

Forty two years ago today, on July 20, 1969 (20:17:40 UTC), Neil Armstrong stepped on to the surface of our moon. I've had an ongoi...

If you have an interest in the flow of scientific knowledge, especially across different disciplines, then you'll enjoy the Eigenfacto...

There's no doubt that the unholy rift between Bayesian and non-Bayesian statisticians, and econometricians, is a thing of the past. And...

We all know that things aren't always what they appear to be. The same is true of people. A well known experiment from 1970 provides an...

A while ago I posted a couple of pieces ( here and here ) relating to the Better Life Index (BLI) that the OECD released in May of this ye...

We're all familiar with the " Doctors Without Borders " organization, and the valuable international medical work that it per...