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Econometrics Haiku
Here are some Econometrics Haiku from noted econometrician Keisuke Hirano.
Supply and demand:
without a good instrument,
not identified.
I relate to these especially:
T-stat looks too good.
Use robust standard errors--
significance gone.
and
From negation comes
growth, progress; not unlike a
referee report.
Posted by Alex Tabarrok on November 14, 2007 at 07:08 AM in Economics, The Arts | Permalink
Comments
My favorite one is this ...
Testing restrictions:
Wald, Lagrange Multiplier,
Likelihood Ratio.
Posted by: Tommy Veblen at Nov 14, 2007 7:37:01 AM
snowing outside, but
marginal revolution
supplies warm comfort
Posted by: Jeff H. at Nov 14, 2007 8:11:22 AM
Here is mine. I hope it is truly original.
Look, binary Y.
Use Logistic Regression.
Goodbye helpful graphs!
Craig
Posted by: craig at Nov 14, 2007 9:20:12 AM
I like
"to iterate is human;
to recurse, divine."
Posted by: David at Nov 14, 2007 9:52:31 AM
Ode to Utility
there is no way to tell, precisely
why thy curves slope down so nicely;
but we can judge, through observation
the marginal rate of substitution.
Posted by: L at Nov 14, 2007 10:12:59 AM
English Haiku are
stupid; Japanese words have
lots more syllables.
A literal Japanese translation, with the copula dropped (note that nn and tt are syllables):
eigo no haiku ha [6]
bakashii. nihonngo no tanngo ha [13]
motto onnsetu ga ooi. [11]
英語では
俳句何って
ものが無い
Posted by: Kerry at Nov 14, 2007 10:32:25 AM
Utility,
Marginally diminishing
The stillness of equilibrium
Time,
Irreversibly moving forward
The music of learning
Knowledge,
Marginally piling up
The explosion of growth
Posted by: Yan Li at Nov 14, 2007 11:10:55 AM
Nice one, Kerry!
Posted by: pwyll at Nov 14, 2007 2:27:59 PM
Prove the fallacy of econometrics.
1. Econometrics is mathematical history.
2. Mathematics is a priori knowledge.
Therefore,
3. Econometrics is a priori history.
4. A priori history is a fallacy.
Therefore,
5. Econometrics is a fallacy.
QED.
Posted by: Bill Stepp at Nov 14, 2007 7:50:03 PM
Posted by: 鑽石 at Apr 2, 2008 11:23:58 PM
Posted by: Alii at Apr 3, 2008 9:18:40 PM
