@@FinAndEcon So then...why would we not ALWAYS run robust standard errors in lieu of regular standard errors (knowing that it more fully filters out any possible heteroskedasticity)?
Schade, dass du die Reihe nicht weiter führst! Hast eine sehr verständliche Art zu erklären, so dass ich mir freiwillig ohne Zwang durch Uni weitere Statistik oder Ökonometrie Videos von dir angucken wollen würde :)
Not good. Confusing. Does not explain what robust standard errors are, merely attempts to explain heteroskedasticity. Attempt to explain heteroskedasticity is confused and mildly wrong because the presenter throws in the issue of clustering unnecessarily. He makes the readings at each age repeated measures from the same individual, which is a separate issue from heteroskedasticity and needs to be addressed differently. Bad video, please be more careful so you don't make life harder for people trying to learn. No offense, sorry.
Did you not upload the next video on robust standard errors? 😢
I did not get to it yet :/
@@FinAndEcon So then...why would we not ALWAYS run robust standard errors in lieu of regular standard errors (knowing that it more fully filters out any possible heteroskedasticity)?
Looking forward to your next video!!!!!!
where is the next video 😢
Amazing!
You are a saint
Schade, dass du die Reihe nicht weiter führst! Hast eine sehr verständliche Art zu erklären, so dass ich mir freiwillig ohne Zwang durch Uni weitere Statistik oder Ökonometrie Videos von dir angucken wollen würde :)
Thanks. I will try to make more videos :).
Not good. Confusing. Does not explain what robust standard errors are, merely attempts to explain heteroskedasticity.
Attempt to explain heteroskedasticity is confused and mildly wrong because the presenter throws in the issue of clustering unnecessarily. He makes the readings at each age repeated measures from the same individual, which is a separate issue from heteroskedasticity and needs to be addressed differently. Bad video, please be more careful so you don't make life harder for people trying to learn. No offense, sorry.