Getting a “wrong” sign in empirical work is a common phenomenon. Remarkably, econometrics textbooks provide very little information to practitioners on how this problem can arise. The author exposits a long list of ways in which a wrong sign can occur and how it might be corrected.
For an amateur in econometrics like me, this journal is very interesting and useful. At least, for now, it makes me able to breathe easily again. Fiuuh!
Yosh! It is still long way to go!
Statistical Modeling, Causal Inference, and Social Science. 2006. Peter Kennedy’s regression tips – Statistical Modeling, Causal Inference, and Social Science. [online] Available at: http://andrewgelman.com/2006/02/10/oh_no_i_got_the/ [Accessed: 2 Feb 2014].
Oh No! I Got the Wrong Sign! What Should I Do?
The Big Picture™ chart shows the history of the stock market, bonds, inflation, and a sample portfolio, all within the context of key events.
Fiuh! Finally I have found the website. I used the material for my presentation in the seminar on economic development last year, but I could not remember the website address when I need it yesterday. So I was busy to find it. It seemed my memory did not serve me correctly.
I know I have bookmarked it, but still I could not find the address. Since I have a lot of bookmarked sites, I was frustrated when looking for it one by one.
Does age matter?
Wait, how old am I? It is still 30 y.o. (if I am not mistaken). It supposedly not to be an excuse. Huh!
Just, wake up, Me!
History of the stock market | Big Picture ™ wall chart
Muhammad Chatib Basri, Finance Minister of Indonesia explains how the current account deficit is being reduced and rules out the prospect of capital controls.
Capital control is not on the table.
Indonesia Finance Minister: No capital controls