Is OLS a thing of the past?

Is OLS a thing of the past?

One of the most popular regression methods an econometrician learns is the Ordinary Least Squares (OLS). It is a simple and elegant way of estimating parameters in linear regression. However, there is another technique to perform linear regression using concepts from...
Written by AI

Written by AI

It was Sunday the 26th of January 10 pm, I had one day left to submit my article for peer review. I was contemplating. Not knowing what to write about. I was staring at my computer screen. No unfamiliar websites. Just websites I had searched for before. Time flew. But...