Tag: Unbiased Estimator
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A recent article on Local Projections
In a recent article published in the Journal of econometrics, we have some further insights about the bias-variance trade-off between IRF (Impulse Response Function) produced by…
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Two recent articles on Local Projections
Today, let me draw your attention to two recent papers published in the Journal of Econometrics that deal with the Local Projection (LP) method introduced by…
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Illustrating that the sample variance bias decreases with the sample size using R and Mathematica
In my previous blog, I recall that we can demonstrate in a few steps that the sample variance is an unbiased estimator of the population variance…
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Illustrating the sample variance bias with R and Mathematica
In my previous blog, I recall that we can demonstrate in a few steps that the sample variance is an unbiased estimator of the population variance…
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Unbiased estimator for population variance: clearly explained!
Estimator: A statistic used to approximate a population parameter. Sometimes called a point estimator. Estimate: The observed value of the estimator. Unbiased estimator: An estimator whose…