In a previous post, I covered how heteroscedasticity “happened” to me. The anecdote I mentioned mostly pertains to time series data. Given the purpose of the research that I was developing back […]
Eight Data Sources for Research on U.S. Housing Market.
The National Association of Realtors communicated today that its index of Pending Homes Sales increased 3.5 percent in February 2016. This indicator offers valuable insight for housing market analysis here in the […]
Multicollinearity explained briefly. Is it bad at all?
Multicollinearity is a common pitfall in the practice of multiple regression analysis. Whenever analysts conduct quantitative research, they must be aware of at least the seven core assumptions of linear regression. In […]
US-China trade: There are two sides to every story.
The currency seems to have a negative effect… There are two sides to every story, even for US-China foreign trade. Ever since China emerged to the world economy as a major manufacturing […]
Does a worker choose not to work when collecting Social Security?
Campaigns against social security usually claim that Social Security Benefits discourage workers from being employed. Many right wing policy advocates point their fingers at Social Security Benefits as being expensive and further […]
Do Workers on Unemployment Insurance make Other Workers’ Income Worst?
Economists like to think that wages are set depending upon two basic factors plus a “catchall” variable. The two basic factors are expected price level and unemployment rate. The “catchall” variable stands […]
20 Data Sources and Surveys for Research on U.S. Economic Prospective.
If your research project involves aspects on the general prospective of U.S. Economy, here are some useful data sources, surveys and metrics that might illuminate insights for your research. Although there might […]
Check your regression analysis for these 7 Assumptions.
Econometricus.com: A Quantitative Research Consulting Firm. At Econometricus.com we help clients to get statistical data straight and accurate as much as possible. No matter whether our client is a lawyer supporting a […]
Some criteria in evaluating results of a Regression Analysis.
Once you are done with your statistical modeling process, it is time to evaluate the overall soundness of your work. • First, do the signs of the estimated coefficients correspond to what […]