The Federal Reserve’s main facility that works as a transmission mechanism is working as expected. In the first cut in almost two years, the Interest Rate on Reserve Balances brought down the […]
County Unemployment Rate Worcester County 3.4 Allegany County 2.9 Baltimore city 3 Cecil County 2.3 Baltimore County 2.3 Carroll County 1.7 Calvert County 1.9 Dorchester County 2.4 Anne Arundel County 1.9 Frederick […]
International trade contributes mixed signals on import prices as fuel and major trade partners’ prices offset each other. Prices for all import items from Canada, Mexico, and Europe increased by 3.2 percent […]
Who would restauranteurs trust with the manager code or swipe card when they are away? Making such decision seems natural for many businessmen and women. However, the restaurant industry possesses a singular […]
The US Holiday Season started with high anxiety for the Retail Industry as online retailers registered high volume of sales on Black Friday 2017. Pre-holiday season reports signaled not much change in […]
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One of the most recurrent questions in quantitative research refers to on how to assess and rank the relevance of variables included in multiple regression models. This type of uncertainty arises most […]
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 […]
Sometimes it is good to learn about issues such as heteroscedasticity by empirically identifying them. Here is how I detected heteroscedasticity was present in time series analysis. I started working on a […]
Economists and policy analysts continue to wonder what is going on in the U.S. economy currently. Most of the uncertainty stems from both the anemic pace of economic growth as well as […]
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