Tag: econometrics

Modeling loss aversion with extended-support beta regression

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The recently-proposed extended-support beta regression model in R package betareg is illustrated by simultaneously modeling the occurrence and extent of loss aversion in a behavioral economics experiment. Read more ›

ivreg: Two-stage least-squares regression with diagnostics

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The ivreg function for instrumental variables regression had first been introduced in the AER package but is now developed and extended in its own package of the same name. This post provides a short overview and illustration. Read more ›

Spatial lag model trees

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Economic growth models are recursively partitioned to assess heterogeneity in growth and convergence across EU regions while adjusting for spatial dependencies. Accompanied by R package lagsarlmtree, combining partykit::mob and spdep::lagsarlm. Read more ›