Sunday , November 24 2024
Home / Real-World Economics Review / A guide to econometrics

A guide to econometrics

Summary:
From Lars Syll 1. Thou shalt use common sense and economic theory. 2. Thou shalt ask the right question. 3. Thou shalt know the context. 4. Thou shalt inspect the data. 5. Thou shalt not worship complexity. 6. Thou shalt look long and hard at thy results. 7. Thou shalt beware the costs of data mining. 8. Thou shalt be willing to compromise. 9. Thou shalt not confuse statistical significance with substance. 10. Thou shalt confess in the presence of sensitivity.

Topics:
Lars Pålsson Syll considers the following as important:

This could be interesting, too:

John Quiggin writes Trump’s dictatorship is a fait accompli

Peter Radford writes Election: Take Four

Merijn T. Knibbe writes Employment growth in Europe. Stark differences.

Merijn T. Knibbe writes In Greece, gross fixed investment still is at a pre-industrial level.

from Lars Syll

A guide to econometrics1. Thou shalt use common sense and economic theory.
2. Thou shalt ask the right question.
3. Thou shalt know the context.
4. Thou shalt inspect the data.
5. Thou shalt not worship complexity.
6. Thou shalt look long and hard at thy results.
7. Thou shalt beware the costs of data mining.
8. Thou shalt be willing to compromise.
9. Thou shalt not confuse statistical significance with substance.
10. Thou shalt confess in the presence of sensitivity.

Lars Pålsson Syll
Professor at Malmö University. Primary research interest - the philosophy, history and methodology of economics.

Leave a Reply

Your email address will not be published. Required fields are marked *