The estimation of economic relationships often confronts the challenge of weak instruments – variables that are only weakly correlated with endogenous regressors. Such weakness can lead to substantial ...

Econometrica publishes original articles in all branches of economics - theoretical and empirical, abstract and applied, providing wide-ranging coverage across the subject area. It promotes studies ...

When it comes to suicide, there’s a strong correlation between economic factors, particularly unemployment, and the number of ...

We use spatial econometrics on a unique data set covering 229 Korean regions to analyze the outcome of Korea’s 2017 presidential election. We see strong statistical evidence of spatial correlation, ...

Guido Imbens MA ’89, PhD ’91, applied econometrics professor and professor of economics at the Stanford Graduate School of Business, sits in front of two square images of his children playing chess.

Our news editors obtained a quote from the research, "This allows to capture both contagion and correlation potentially arising among insureds' behaviors. In this framework, an external market driven ...

With the Fed embarking on a new rate-cutting cycle, some investors are left wondering what impact it might have on commercial ...