In this article, we will follow Drukker (2003) procedure to derive the first-order serial correlation test proposed by Jeff Wooldridge (2002) for panel data. It has to be mentioned that this test is considered a robust test, since works with lesser assumptions on the behavior of the heterogeneous individual effects. We start with the linear […]
Wooldridge Serial Correlation Test for Panel Data using Stata. Read More »
Watch a part of the live DSGE training organized by M&S Research Hub, for more information and videos visit https://ms-researchhub.com/home/training/gem-training.html
Modeling COVID 19 Using Dynamic Equations Read More »
While we’re using the time series datasets, often we’re highly likely to find serial correlation and heteroskedasticity in our data. These cases increase the chances to obtain serially correlated errors with non-constant variance. If we’re purely interested in statistical inferences, we should go for the HAC robust standard errors under the Time Series context. This
HAC robust standard errors. Read More »
The lessons from behavioral economics have ameliorated social wellbeing and economic success in recent years. Academics and policymakers now recognize that integrating how individuals behave and make decisions in real-life dramatically improves the effectiveness of public policies and the validity of simple theoretical models. Thus, this area of research has enhanced our understanding of the
The Rise of Behavioral Econometrics.. Read More »
اسافر بلد عربى ولا اجنبي لو عايز تغير البلد اللى انتا عايش فيه وتسافر عشان تعيش فى مكان افضل و تعليم وصحة افضل فالبلاد العربية هتلاقى فيها ثقافات متشابهه ومفيهاش تغيير نفسى كبير زي اللى هتقابلة فى البلاد الاجنبية. فلو عندك فرصة حلوه فى البلاد العربية سافر لانك مش بتختار مكان لنفسك بس او فرصة
اهم 8 خبرات اتعلمتهم فى الغٌربة Read More »
Sincere and heartful new year greetings to the M&S Research Hub team and trainees. Without the contribution, effort, and time of every member of the team, we could not endure and succeed. Without their belief in our vision of “bridging knowledge” and our department mission of “providing top notch live – human interactive- support and
When we start to analyze any type of economic relationship, it is often said that we always need to graph the data. The importance of this step is having a visual where we can increase the understanding of our current relationships in the data. Sometimes with this, we can improve the mathematical functional form in
Identifying Patterns with Stata Graphs Read More »
“Society is never the same as the one that existed before the calamity. For good or ill, calamities are unquestionably the supreme disruptors and transformers of social organization and institutions.”(Pritim Sorokin) The Covid19 pandemic invaded the world like a silent dark shadow. Originating as pneumonia alike disease in the city of Wuhan in China on
Demystifying De-globalization in Post-Covid World Read More »
