Discover the importance of homoskedasticity in regression models, where error variance is constant, and explore examples that illustrate this key concept.

Learn about Robert F. Engle III, a Nobel laureate credited with developing the ARCH model for analyzing financial market volatility and pioneering financial econometrics.

LOS ANGELES -- The 17-time NBA champion Los Angeles Lakers are working with the back-to-back World Series champion Los Angeles Dodgers on their basketball affairs. Rob Pelinka, the Lakers' president ...

Google rolled out a brand new experimental AI tool last Thursday called Project Genie. By Friday, video game stocks were tumbling as a result. Gaming industry giants like Unity Software, Roblox, ...

Are Machine Learning (ML) algorithms superior to traditional econometric models for GDP nowcasting in a time series setting? Based on our evaluation of all models from both classes ever used in ...

Statistical models predict stock trends using historical data and mathematical equations. Common statistical models include regression, time series, and risk assessment tools. Effective use depends on ...

Will the world still need economists in 2030? With skin in the game, we certainly hope so — but artificial intelligence is already transforming economic analysis. In our own work — and in a review of ...

Large Language Models (LLMs) are recasting the relationship between humans & technology. There’s a complete transition in how we search, consume, and execute information on the web. LLMs are no longer ...

The blockchain industry is often explained in layers, with each layer serving a unique role in enabling decentralized finance, cryptocurrencies, and other use cases. Most people are familiar with ...

Permian Resources delivers strong Q2 results with rising production, successful acquisitions, and increased full-year guidance, reinforcing its position as a top US energy company. Financial ...

ABSTRACT: We argue that the Internet increases hate when there is better matching between buyers and sellers (“direct effect”) and decreases hate when the processing of online information discredits ...

Singapore-based AI startup Sapient Intelligence has developed a new AI architecture that can match, and in some cases vastly outperform, large language models (LLMs) on complex reasoning tasks, all ...