Econometrics Beat: Dave Giles' Blog

Unfortunately, this post deals with the recent loss of one of the great statisticians of our time - Theodore (Ted) W. Anderson . Ted p...

Back in 2011 I wrote  a post  that I titled, "Dummies for Dummies". It began with the suggestion that I'd written a book of ...

In various earlier posts I've commented on the need for conducting specification tests when working with Logit and Probit models. (For...

A few days ago, the inaugural winner of the biennial International Prize in Statistics was announced. The first recipient of the new ...

For your enjoyment: Diebold, F. X. & M. Shin , 2016. Assessing point forecast accuracy by stochastic error distance. NBER Working ...

Five years ago I wrote a post titled, " Beware of Econometricians Bearing Spreadsheets ".  The take-away message from that p...

Recently, I received the following interesting email request: "I would like to have your assistance regarding a few questions relat...

Here are a few suggestions for some interesting reading this month: Esquivel, M.L., P.P. Mota, & J.T. Mexia, 2016.  On some statis...

© 2016, David E. Giles

Here's an interesting practical question that arises when you're considering different forms of econometric models for forecasting...