I recommend: "Asset Pricing" by Cochrane and "Elements of Statistical Learning" by Hastie et al Both are available for free from the...
Albert Camus. An iconic photo
The level of economic idiocy on this thread is simply breathtaking. VicB, Noah, Max, Volpri... a confederacy of dunces, the blind leading the...
How old are you BS? If under 35, go back to school, get a relevant (graduate) degree, then look for a job in the industry. Continue to network...
Works fine in straight curl, no headers: curl...
Depends on what you are using the regression for: realtime forecasting or exploratory data analysis. For realtime forecasting keep both so that...
You'd expect the intercept to be zero when the both the IV's and the DV are centered -- that is when the means are all zero or near to zero....
That is an excellent question! I wondered that myself but didn't have time to investigate. It does seem very strange. I will look into this and...
> summary(lm(dv[1:35] ~ 0 + as.matrix(dfET2[1:35,-c(1,8,3,6,4,11,9,5)]))) Call: lm(formula = dv[1:35] ~ 0 + as.matrix(dfET2[1:35, -c(1, 8, 3,...
Short borrow rate. You can derive implied borrow from the standard put-call parity equation. Or look up indicative rates on any of a variety of...
Assume you are talking about early assignment risk. Yes. Generally, since options are priced on risk-neutral expectation, your expectation of...
He claims 11,000 subscribers. At $50/month that's half a million $ a month. I think he found his arb! Here is my sure fire arb play. Subscribe...
If they are so wildly overpriced, then take a page from Mark Brown and his mentor Stan and just sell them, and profit from that "vol crush."...
No, of course it doesn't. You will be accruing short yen vs long dollar interest on a daily basis though -- it is 100% dollar-yen carry.
Any such test of whether MMT fits the "data and facts" is a joint test of MMT and the model of the economy used in the test. This is similar to...
Trade 6J Yen futures. You'll be paying spot-next TONAR (about 0.25%) and earning spot-next SOFR (about 5.15%) with no markup. Earning net at least...
Piezoe, has MMT postulated any actual formal models of the economy? You know, like DSGE or even IS-LM type models? A quick search doesn't turn any...
No reason not to, and also for high dimensional linear regression models (esp quantile regression). I think nearly everyone applies some sort of...
"Le secret des grandes fortunes ... est un crime oublié" --Balzac Actually there is a "sans cause apparente" in there also, but I like the quote...
I sometimes suspect that wxy is not as clueless as he appears, and creates these threads solely to elicit this kind of useful advice.
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