From Joshua Angrist, winner of the Nobel Prize in Economics, and Jörn-Steffen Pischke, an
irreverent guide to the essentials of econometrics The core methods in today's econometric …

Given the growing need for managing financial risk, risk prediction plays an increasing role
in banking and finance. In this study we compare the out-of-sample performance of existing …

In a recent Concepts paper in Ecology, Thomson et al. emphasized that assumptions of
conventional correlation and regression analyses fundamentally conflict with the ecological …

Considerable effort has been exercised in estimating mean returns to education while
carefully considering biases arising from unmeasured ability and measurement error …

This article is concerned with evaluating Value-at-Risk estimates. It is well known that using
only binary variables, such as whether or not there was an exception, sacrifices too much …

The partial (ceteris paribus) effects of interest in nonlinear and interactive linear models are
heterogeneous as they can vary dramatically with the underlying observed or unobserved …

We used regression quantiles to model potentially limiting relationships between the
standing crop of cutthroat trout Oncorhynchus clarki and measures of stream channel …

We employ quantile regression fixed effects models to estimate the income-pollution
relationship on NO x (nitrogen oxide) and SO 2 (sulfur dioxide) using US data. Conditional …

This paper examines the impact of the education composition of the workforce and of the
changing returns to schooling on the dispersion of male labor earnings in Brazil in the last …

This paper investigates the relationship between institutions and economic development
(output per worker). As in Hall and Jones (1999), we find that a 1% improvement in …