choice morsels from economics. miscellaneous observations including, but not limited to, scientific research, empirical analyses, and other oddities.
Saturday, June 30, 2012
Thursday, June 28, 2012
missing p-values..
via MR: "rearchers might be tempted to inflate the value of their tests by choosing the specification that provides the highest statistics. Note that Inflation is larger in articles where stars are used in order to highlight statistical significance" Star Wars: The Empirics Strike Back
Sunday, June 24, 2012
on austerity
reading up on austerity measures:
"This eCollection provides a synthesis of the current debate, on whether the consolidation programs adopted by several countries in since 2011, cut too much and too soon, thus creating an unnecessary contractionary bias and macroeconomic risk. In the Eurozone, the backlash from such policy mistake could easily undermine social consensus towards the common currency and jeopardise progress towards integration."vox
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