Randomization inference

In this blog post, I demonstrate how to conduct a simple randomization inferenc…

Clustered Standard Error: Practical example

Given that there are 100 groups with each 100 observations. In each group, half…

Attenuation bias: How it occurs?

Attenuation bias refers to the systematic underestimation of the magnitude of a…

Simultaneous causality bias

Simultaneous causality bias is a common problem in econometrics that prevents u…

Omitted Variable Bias

The omitted variable bias occurs when we fail to include a relevant variable th…

Time-series analysis made easy. Run EViews from MS Excel.

This small MS Excel program runs a program written in EViews and finally displa…

Fundamentals of Data Analysis: Scales of measurement and choice of statistical and econometric techniques

Slide presented in the Video

Measurement scale and choice of statistical tools

All About Econometrics: A complete guide for MA Economics TU

In this blog post, I have attempted to simply compile the materials that might …

A deep dive into Endogeneity problem

We have discussed in the earlier blog post about the endogeneity problem (see W…

Interpretation of regression coefficients with examples

`1. Y=\alpha+2X_1+e` This means that 1 unit change in X brings about 2 units ch…

Dummy Variable: Meaning, Uses, Interpretation, and Precautions

Are all the variables quantitative in nature? The answer is obvious, it's `…

Hamilton Filter in R

Install these packages if not installed install.packages("readxl") #r…

Survey data analysis in Stata: Basic introduction step by step with copiable commands

STATA is a very powerful, but not an open-source, data analysis software. // No…

Choice of appropriate econometric methods

FWL Theorem: Meaning, Concept, and STATA practical [Video embedded]

In STATA clear all set obs 1000 set seed 12345 // Generating variables gen y =…

Calculate Variance Covariance Matrix in R manually

#Mr. Rohan Byanjankar #E-mail : [email protected] #Manual Calculation of Vari…

Basic Econometrics in Nepali

Econometrics 1: Introduction to Econometrics       Econometrics 2: Ordinary Le…

Endogeneity and Use of Instrumental Variable

What is an endogeneity issue? The endogeneity issue arises when one of the expl…

What is Instrumental Variable?

An instrumental variable (IV) is a variable (say Z) that is highly correlated …