Publications by Arvind Sharma

quantile_regression

13.12.2024

Table of contents Libraries Load in Dataset Aggregate Data (cross-sectional) Panel Data Multicollinearity Visualization FE model Data Preparation Quantile Regression Identify and Remove Outliers Econometrics Final Author AS - Song Lu Libraries remove(list=ls()) # Load necessary libraries library(dplyr) Attaching package: 'dplyr' The fol...

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fixed_effects

11.12.2024

Table of contents Introduction Setup Data Create dependent variable. Summary Statistics Data Dictionary OLS Without FE Omitted Variables Model: OLS with Dummy Variables i.e. With FE Model: Demeaned Regression Model: Fixed Effects FE limitations Two Way FE Implementation Better presentation Unbalanced Panel Creating an unbalanced data C...

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housing_term_paper

11.12.2024

Table of contents Set Up Import Data Cleaning EDA Outcome Variable Independent Variable Diff in Diff 2 way table Diff in Diff Regression Parallel trends charts Event Study Step 1: Prepare the Data Explanation Step 2: Estimate the Event Study Model Step 3: Extract Coefficients, create CIs Step 4: Plot the Event Study Chart Preliminary Set Up ...

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convergence_issues_glm

08.12.2024

Table of contents Packages Data Model Control the convergence process Common things to check for - No Extreme Outliers No Multicollinearity Fit a Poisson model to generate starting values Use coefficients from Poisson model as starting values Use coefficients from Poisson model as starting values and control convergence Try reducing model co...

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Lasso_Ridge_scaling

29.11.2024

Table of contents Set Up Data Scaled Data OLS (Ordinary Least Squares) OLS is Scale Invariant Lasso (Least Absolute Shrinkage and Selection Operator) LASSO is not scale-invariant. Confirm \(\lambda\)=0 is OLS. Implement Lasso Summary Lasso is Scale Variant Set Up # Clear the workspace rm(list = ls()) # Clear environment gc() # ...

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WLS

21.11.2024

1 Background: WLS is a specific form of GLS WLS: A method for handling heteroskedasticity by applying weights to the observations. In general, the WLS line should provide a better fit in the presence of significant heteroskedasticity, but how much it differs from the OLS line will depend on the specifics of your data. GLS: A broader method that ca...

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Lasso_Ridge

26.10.2024

Table of contents Why predictors (p) \> observations (n) is an issue? Theory Empirical Generate fake/simulated data Removing intercept term Overview Comparison of OLS, Lasso and Ridge Data Independent Variables Standardization: Scaling for Zeros and Ones Normalization: Mapping to a Common Range The decision to standardize or normalize de...

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fixed_effects

17.10.2024

Table of contents Introduction Setup Data Create dependent variable. Summary Statistics Data Dictionary OLS Without FE Omitted Variables Model: OLS with Dummy Variables i.e. With FE Model: Demeaned Regression Model: Fixed Effects FE limitations Two Way FE Implementation Better presentation Unbalanced Panel Creating an unbalanced data C...

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logit_implementation

10.10.2024

Table of contents Data OLS In Sample Fit / Training Data Logistic Regression Interpretation of Output predict.glm Notes on convert probabilities into (binary) outcomes In Sample Fit / Training Data Out of Sample Fit / Testing Data Probit Regression Useful Readings Logit Implementation Author Arvind Sharma remove(list = ls()) library(s...

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HW1_solution

04.10.2024

Table of contents Setup Empty environment (data, functions) and graphical (plots) window Load packages Load raw data Data Analysis Summary Statistics Imputation Data Visualization Histogram Box plots Scatter Plots Correlation Plots Data Preparation Models MODEL 1. MODEL 2. Coefficient Interpretation - MODEL 3. Coefficient Interpretati...

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