Fourier DF unit root test for R&D intensity of G7 countries
To take a simple example, consider the production of the latest bestselling novel, the hottest-selling computer game, or the new Volkswagen Beetle. To produce the first unit of…
To take a simple example, consider the production of the latest bestselling novel, the hottest-selling computer game, or the new Volkswagen Beetle. To produce the first unit of…
[…] the results show that financial development promotes growth in poorer countries by increasing education and investment, and by decreasing fertility. The relevance of these transmission channels declines…
You want to launch Stata in a Jupyter Notebook? In the following file, you will see how to launch and use Stata from a Jupyter notebook and associate…
It is a capital mistake to theorize before one has data. Insensibly one begins to twist facts to suit theories, instead of theories to suit facts. Sherlock Holmes.A…
Our children long for realistic maps of the future that they can be proud of. Where are the cartographers of human purpose? Carl Sagan (1994) After a first…
The temptation to form premature theories upon insufficient data is the bane of our profession. Sherlock Holmes.The Valley of Fear, Sir Arthur Conan Doyle (1915). In this blog,…
I wisely started with a map, and made the story fit (generally with meticulous care for distances). J. R. R. Tolkien (1954) In this blog, I will show…
The die has been cast. Julius Caesar (49 BC) One way to convince some students that it is simple to demonstrate the value of the two first moments…
We’ve learned from experience that the truth will come out. Other experimenters will repeat your experiment and find out whether you were wrong or right. Nature’s phenomena will…
A good way to visualize the effects of the international monetary system during the Bretton Wood era is to plot exchange rates over a long run period for…
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