Fast and wild: Bootstrap inference in Stata using boottest

D Roodman, MØ Nielsen, JG MacKinnon… - The Stata …, 2019 - journals.sagepub.com
The wild bootstrap was originally developed for regression models with heteroskedasticity of
unknown form. Over the past 30 years, it has been extended to models estimated by …

How cluster‐robust inference is changing applied econometrics

JG MacKinnon - … Journal of Economics/Revue canadienne d' …, 2019 - Wiley Online Library
In many fields of economics, and also in other disciplines, it is hard to justify the assumption
that the random error terms in regression models are uncorrelated. It seems more plausible …

The effect of employee loyalty on wages

O Masakure - Journal of Economic Psychology, 2016 - Elsevier
In spite of a sizeable body of research linking employee loyalty to organizational
performance, the causal link between employee loyalty and employee wages has rarely …

Fast cluster bootstrap methods for linear regression models

JG MacKinnon - Econometrics and Statistics, 2023 - Elsevier
Efficient computational algorithms for bootstrapping linear regression models with clustered
data are discussed. For ordinary least squares (OLS) regression, a new algorithm is …

Schooling and Labor Market Consequences of School Construction in Indonesia: Comment

D Roodman - arXiv preprint arXiv:2207.09036, 2022 - arxiv.org
Duflo (2001) exploits a 1970s schooling expansion to estimate the returns to schooling in
Indonesia. Under the study's difference-in-differences (DID) design, two patterns in the data …

[HTML][HTML] Dispelling misconceptions about economics

J Brandts, I Busom, C Lopez-Mayan… - Journal of Economic …, 2022 - Elsevier
Some popular views about the workings of the economy are completely at odds with solid
empirical evidence and congruent theoretical explanations and therefore can be qualified as …

From loans to labor: Access to credit, entrepreneurship, and child labor

L Lakdawala - Entrepreneurship, and Child Labor (July 10, 2018), 2018 - papers.ssrn.com
This paper seeks to understand household business decisions in response to increased
credit access in an environment with multiple market failures. A simple model suggests that …

Wild bootstrap inference for instrumental variables regressions with weak and few clusters

W Wang, Y Zhang - Journal of Econometrics, 2024 - Elsevier
We study the wild bootstrap inference for instrumental variable regressions under an
alternative asymptotic framework that the number of independent clusters is fixed, the size of …

Financial hedging and operational flexibility as instruments to manage exchange‐rate uncertainty in multinational corporations

JH Fisch, H Puhr - Global Strategy Journal, 2022 - Wiley Online Library
Abstract Research Summary Literature that compares the advantages of financial hedging
and operational flexibility as instruments to manage exchange‐rate uncertainty presents …

Fast and wild: Bootstrap inference in Stata using boottest

JG MacKinnon, MØ Nielsen, D Roodman, MD Webb - 2018 - pure.au.dk
The wild bootstrap was originally developed for regression models with heteroskedasticity of
unknown form. Over the past thirty years, it has been extended to models estimated by …