Spatial Operations in R

A post on how to do some often-used spatial operations in R.

By Bas Machielsen

February 15, 2023

Overview of Economics Datasets and Databases

In this post, I give an overview and short description of various commonly-used and mostly publicly available data sources in Economics and Economic History.

By Bas Machielsen

December 6, 2022

Short Note on Ridge Regression

Introduction I am doing a couple of assignments involving penalized estimators such as Ridge regression, and I wanted to do a short derivation of its asymptotic covariance. In comparison to the existing resources which I could find, some details are left out, which I wanted to recapitulate more clearly. I’ll also contrast the variance of the Ridge estimator to the variance of the OLS estimator, illustrating a fact that also comes to the surface in many other resources, namely that the variance of the Ridge estimator is smaller than that of the OLS estimator.

By Bas Machielsen

November 23, 2022