Nice cat cam! Also glad you are doing econometrics content and can't wait for properties of estimators!
@InCaseofEconStruggles10 сағат бұрын
Thanks Bill! Since you’ve commented so much when I stream I’ll see if I can gift you a free month of membership to my channel if you join the stream!
@changgeunsong8359Күн бұрын
WOW. I thought I had learned all things wrong in my undergrad and grad years.
@InCaseofEconStrugglesКүн бұрын
Make sure you check out the updated warp video or read the comment I pinned explaining the error in this video and what the correction is please!
@changgeunsong8359Күн бұрын
@@InCaseofEconStruggles I already checked out and gave 'like' on that video. I appreciate you to make me open microeconomics textbook and reminisce my old days.
@InCaseofEconStrugglesКүн бұрын
@changgeunsong8359 awesome thank you I really appreciate the support! The comments and likes both really help new people find these videos!
@Catmandugurung5 күн бұрын
Good stuff
@InCaseofEconStruggles5 күн бұрын
Thank you for the comment! I’m glad it was helpful and the comment really helps me out and more people to find this video!
@ladoputi-n8j5 күн бұрын
Thank you , super helpful
@InCaseofEconStruggles5 күн бұрын
I’m really glad it was helpful! This comment really helps other people find this video so I really appreciate it!
@AZIZAdams-s9c5 күн бұрын
Thanks for sharing. Great videos! How about a command to estimate CRRA risk parameter (sigma) using survey lotteries on risky and safe payoffs Stata?
@InCaseofEconStruggles5 күн бұрын
Thank you for the comment! That is not really my specialty but if you come up with one I’m happy to test it and talk about it here!
@NG_GN6 күн бұрын
Thank you for doing the econometric related videos!
@InCaseofEconStruggles6 күн бұрын
I know it’s not as advanced as you’re looking for yet but I appreciate you being patient! Some probability theory to build towards estimator properties is in the works!
@leo-dn1ek8 күн бұрын
You're a life saver, thank you so much!
@InCaseofEconStruggles8 күн бұрын
I’m so glad this is helpful! Your comment really helps me and others to find these videos so I really appreciate it!
@RunjhunTiwari-k8b11 күн бұрын
Thank you so much. Your videos really explain us well ❤️🩹
@InCaseofEconStruggles11 күн бұрын
I’m really glad it was helpful and I really appreciate the comment! Comments and likes really help push my video to more people who could benefit from it!
@luluzuzu1011 күн бұрын
very helpful; thank you! Subscribed!
@InCaseofEconStruggles11 күн бұрын
I glad it was helpful the comment and subscription both will help more people find these videos so I appreciate it!!
@giorgos9596215 күн бұрын
dont we need to use second order derivatives to say that the C.P is a min/max/global min/global max etc???
@InCaseofEconStruggles15 күн бұрын
You can use a second order derivative to confirm that it is yes I’m relying on the shape of the curve/intuition since generally in economics we don’t do second derivative tests for utility maximization etc. But strictly mathematically speaking yes you would need those tests you are correct! Good point!
@gopalkrishnachodnekar646924 күн бұрын
You are amazing.... make this concept easier than actual originator....
@InCaseofEconStruggles24 күн бұрын
I’m really glad this was helpful and made it more clear! Feel free to share with classmates and I really appreciate you taking the time to leave a comment!
@lilducky-chan411626 күн бұрын
Thanks ill check it out :D
@InCaseofEconStruggles26 күн бұрын
Great! Feel free to let me know if any videos in particular are helpful!
@lilducky-chan411626 күн бұрын
@ ok! 👌
@TheRealRoni1627 күн бұрын
Fantastic video!
@InCaseofEconStruggles27 күн бұрын
I’m really glad it was helpful thank you so much for the comment!
@InCaseofEconStruggles28 күн бұрын
So far it seems econometrics and intermediate macro are the leaders! With some advanced micro worked in as well. Voting ends this Friday so I can start planning content!
@ayushnegi0628 күн бұрын
hey man, thank you so much for this :) I don't why I was confused on this topic earlier lol, seems easy after this video
@InCaseofEconStruggles28 күн бұрын
No worries! It is a bit confusing but I’m glad this video helped and I super appreciate you leaving a comment!
@ladoputi-n8j29 күн бұрын
3 for sure , 2 option would be the best option out of all if it covers more advance content instead of just intro and Thank you for doing this
@NG_GN29 күн бұрын
Yes advance course is what we need and advanced econometrics course would be great as well
@InCaseofEconStruggles29 күн бұрын
Awesome thank you for voting!
@InCaseofEconStruggles29 күн бұрын
@NG_GN awesome thank you for voting!
@InCaseofEconStruggles11 күн бұрын
I just posted in my community tab asking for some clarity on what would be helpful! Would you please go take a look?
@vishnusuraj970429 күн бұрын
2, 3, 4
@InCaseofEconStruggles29 күн бұрын
Great, thank you for voting!
@julievoyron494729 күн бұрын
Hello! Thank you for your video! I wonder: you are estimating the 1st stage with an OLS, but I think the coefficients might slightly differ with the "real" first stage estimated with ivreg2 (?). Do you think it's possible to just retrieve the first stage coming from the ivreg2 command?
@InCaseofEconStruggles29 күн бұрын
Yes I have an updated video where I do that! I’ll link it below
@InCaseofEconStruggles29 күн бұрын
Easily Report IV First Stage F Stat using Estat | Sunday Stata Tips kzbin.info/www/bejne/d6K3k4yAZch-rK8
@karansehgal135129 күн бұрын
Options 2 and 4
@InCaseofEconStruggles29 күн бұрын
Great, thank you for voting!
@InCaseofEconStruggles11 күн бұрын
Can you check out my community page and respond to my request for more concrete econometrics concepts that would be helpful please?
@atharvahatkar954429 күн бұрын
Subscribed !
@InCaseofEconStruggles29 күн бұрын
I’m so glad this was helpful thank you for leaving a comment I really appreciate it!
@SaiLakshmiC-e2pАй бұрын
You are a lifesaver, sir. Thank you so much for such a great explanation!
@InCaseofEconStrugglesАй бұрын
I’m glad it was helpful thank you for the comment!
@maximrahmanАй бұрын
Great that you explained the graph and in such details 👏
@InCaseofEconStrugglesАй бұрын
Thank you so much I really appreciate the comment and I’m glad it was helpful!
@Sam7818-r1eАй бұрын
this video really helped me with MWG Ch5
@InCaseofEconStrugglesАй бұрын
I’m really glad to that and appreciate the comment that was the goal! And what this video is based on!
@britonnestor1912Ай бұрын
Hi! Am looking for Placebo tests in panel in stata command. Thanks
@InCaseofEconStrugglesАй бұрын
There’s no canned stata command just use a stata regression with a placebo outcome or treatment!
@michael.cfa7Ай бұрын
Thank you!
@InCaseofEconStrugglesАй бұрын
Im so glad this was helpful thank you for leaving a comment!
@CrazySnake98Ай бұрын
Thanks, very helpful videos :)
@InCaseofEconStrugglesАй бұрын
I’m really glad the video was helpful and the comment is really helpful so more people find these videos! Thank you!
@ethannidam2062Ай бұрын
at 3:01 why is it that you representing n as 30, did you make a mistake and it should be 30 ?
@InCaseofEconStrugglesАй бұрын
It should match the prior video on NPV sorry about that
@JackStockfish-t9kАй бұрын
thank you so much. Really helped.
@InCaseofEconStrugglesАй бұрын
I’m really glad this was helpful and I appreciate you leaving a comment!
@alicerrias5559Ай бұрын
very useful! Thank you so much for the wonderful video!
@InCaseofEconStrugglesАй бұрын
I’m really glad it was useful thank you so much for the comment!
@michael.cfa7Ай бұрын
Thank you so much!
@InCaseofEconStrugglesАй бұрын
I’m glad it was helpful and thank you for leaving a comment!
@soon6464Ай бұрын
question: old bundle (24,40), new bundle (20,60) old price (50,20), new price (80,25) chosen: old bundle+old price , new bundle+new price is there violation of warp in this question? because old price+new bundle was unaffordable so it wasn't chosen, but new price+old bundle is now affordable
@InCaseofEconStrugglesАй бұрын
Based on those prices we would assume that the money you had to spend increases from the old period to the new period because the new bundle at the new prices costs more than the old bundle at the old prices exactly as you point out so this is not a warp violation. Good question though!
@soon6464Ай бұрын
@ thanks it helps a lot😁
@InCaseofEconStrugglesАй бұрын
Awesome I’m glad that helped!
@bob4billion698Ай бұрын
terrible explanation
@InCaseofEconStrugglesАй бұрын
I’m sorry to hear this wasn’t helpful. Was there anything in particular that was confusing or you wish was explained better or just overall didn’t help you that much?
@TommysLabHours2 ай бұрын
Every modern masters/phd macro professor should skip their lectures on Bellmans and link to this video instead! so clear and concise, thank you!
@InCaseofEconStruggles2 ай бұрын
I’m really glad you found this helpful! Feel free to share this video and my channel with classmates or other professors as resources for students!
@bap82472 ай бұрын
Hello! When I solve for q1* I get (a-c)/3b, could you clarify this please?
@InCaseofEconStruggles2 ай бұрын
Let me double check my math and get back to you. In the meantime does the conceptual aspect make sense or is that also something you’re unsure about?
@InCaseofEconStruggles2 ай бұрын
Could you clarify where in your math we don’t align so I can better help you?
@chinhhoang4542 ай бұрын
This keeps getting better and better. Thank you so much and please keep up!
@InCaseofEconStruggles2 ай бұрын
I’m glad it’s helpful please feel free to share with others in your program!
@chinhhoang4542 ай бұрын
Thank you! this helps me a lot as a 1st year PhD student
@InCaseofEconStruggles2 ай бұрын
I’m so glad this was helpful and thank you so much for leaving a comment!
@HenryMorfit2 ай бұрын
Saving my ass for my quiz tomorrow for my econ class at princeton
@InCaseofEconStruggles2 ай бұрын
I’m glad you found these videos helpful and I appreciate you leaving a comment!
@ljubennajdovski92672 ай бұрын
Thank you king!
@InCaseofEconStruggles2 ай бұрын
Thank you for the comment I’m glad it was helpful!
@FZS3092 ай бұрын
Requesting a video lesson on Computable General Equilibrium
@InCaseofEconStruggles2 ай бұрын
I’ll add it to my list! Thanks for the suggestion/request!
@Dreamclose2 ай бұрын
Okay i like it
@InCaseofEconStruggles2 ай бұрын
Thank you for the comment I appreciate it and I’m glad this video was helpful!
@DrakeAdams-ni2zd2 ай бұрын
Your graphical depiction of the substitution effect is wrong. The substitution effect records changes in relative prices and how that affects the cheapest bundle which reaches the same original utility. Because relative prices are changing, the slope of budget constraint should change. Because we we want to be at the same utility, the budget constraint should be shifted to be tangent with the original indifference curve. Substitution effect is concerned with expenditure minimization at a certain utility and prices. The income effect, on the other hand, records how the optimal bundle changes with changes in real income / wealth. While this could be changes in relative prices, it could also be proportional changes in prices. If we want to isolate income effect though, we focus only on proportional changes in prices. Graphically the income effect shows how making any change to the budget line (slope or parallel shift) affects the utility maximizing bundle (therefore utility can change therefore we can intersect a difference indifference curve). Income effect is concerned with utility maximization at a certain wealth and prices.
@InCaseofEconStruggles2 ай бұрын
I agree with your written description of the substitution versus income effect and how they should be depicted on this graph, and agree I don't make that clear in the video. Thank you for catching that! I have pinned your comment so that others can read this until I can upload an updated video where I make sure my explanation is clear and correct. Thank you again for pointing this out!
@CasperMoes-vv2ylАй бұрын
he just showed the slusky compensationg budget line
@InCaseofEconStrugglesАй бұрын
Exactly that graph can get super confusing with so many lines but I am keeping both your comments pinned so that if others have similar confusion hopefully reading both your comments will help! Thank you both!
@carrie-xi5kw2 ай бұрын
Brilliant, clear, and applicable explanation. Thank you!!
@InCaseofEconStruggles2 ай бұрын
I’m so glad this was helpful thank you for leaving a comment!
@lucasdallaverde90092 ай бұрын
Great video!!!
@InCaseofEconStruggles2 ай бұрын
Thank you so much I’m glad this is helpful!
@BrownConnor3 ай бұрын
explain better than my professor!
@InCaseofEconStruggles3 ай бұрын
I am glad this was helpful and I appreciate you leaving a comment!
@jimekx3 ай бұрын
I'm not an econ student but i came across the term while trying to read a paper and you made it real easy to understand, thank you!
@InCaseofEconStruggles3 ай бұрын
I’m glad this was helpful for you and I really appreciate you leaving a comment, thank you!
@wosiknatalia44693 ай бұрын
Sooo helpful, thank you!
@InCaseofEconStruggles3 ай бұрын
I’m glad it was helpful thank you for leaving a comment!
@wanokuni55483 ай бұрын
How do we know that F H A E C G were affordable initially?
@InCaseofEconStruggles3 ай бұрын
That is exactly the issue! I posted an updated warp video (it’s currently the newest video) and I will drop a link below where I corrected that error. Im glad you were able to see that
@InCaseofEconStruggles3 ай бұрын
Here is the updated version: kzbin.info/www/bejne/oZnTnZ58nKmkqq8
@wanokuni55483 ай бұрын
@@InCaseofEconStruggles Thank you for the clarification
@juanmanuellunalopez69563 ай бұрын
This is great, thanks!
@InCaseofEconStruggles3 ай бұрын
I’m glad this was helpful thank you for leaving a comment