In this post, I will show how to do recursive estimation to determine how robust are your panel estimates to outliers. I saw first time this procedure in Herzer and Nunnenkamp (2013). Basically, if you have a panel of 160 countries, you will determine how change the coefficient estimates and their significance when a certain […]
Category: Economía cubana
Applied ARDL model step by step.
Hello friends, In this post, I will describe how to apply all the ARDL methodology for free. By free, I mean that we will use not paid software to perform the ARDL methodology. More precisely, we will combine R with Microfit 5.5. As I always mention, if you are not proficient in R, I have […]