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Who thinks economists know what they’re doing? Some econometric evidence.
Who thinks economists know what they’re doing? And who thinks we don’t have a clue? Has the financial crisis altered the public’s perceptions of economics? And if so, which people tend to have changed...
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Interaction terms in nonlinear regression models
Say you wish to estimate a model with a binary dependent variable. You recall that you ought not use OLS primarily because OLS will not bound your predicted values between zero and one. So you use a...
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U.S. voters more likely to support marijuana legalization than non-voters
Much has been made of a recent Gallup poll showing a majority of Americans now support marijuana legalization. But if a majority support legalization, why do politicians seem so reluctant to support...
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