How to do econometrics properly

Created
Fri, 02/06/2023 - 21:26
Updated
Fri, 02/06/2023 - 21:26
Always, but always, plot your data. Remember that data quality is at least as important as data quantity. Always ask yourself, “Do these results make economic/common sense”? Check whether your “statistically significant” results are also “numerically/economically significant”. Be sure that you know exactly what assumptions are used/needed to obtain the results relating to the properties […]