For treatment effects - one of the core issues in modern econometric analysis prediction and estimation are two sides same coin. As it turns out, machine learning methods tool for generalized models. Combined with theory, they allow us to estimate not only average but a personalized effect conditional (CATE). In this tutorial, we give an overview novel methods, explain them detail, apply via Qu...

This paper investigates the conditional correlations and volatility spillovers between the dollar exchange rate return, gold coin return and crude oil return to stock index return. Monthly returns in the 144 observations (2005 - 2017) are analyzed by constant conditional correlation, dynamic conditional correlation, VARMA-GARCH and VARMA-AGARCH models. So this paper presents interdependences in...

OBJECTIVE To analyze the dengue epidemic in relation to the socioeconomic context according to geographical areas. METHODS An ecological study was conducted in the municipality of Rio de Janeiro (Southeastern Brazil), in areas delimited as neighborhoods, based on information about notified dengue cases concerning residents in the municipality. The average incidence rate of dengue was calculat...

Recently a new dependence measure, the distance correlation, has been proposed to measure the dependence between continuous random variables. A nice property of this measure is that it can be consistently estimated with the empirical average of the products of certain distances between the sample points. Here we generalize this quantity to measure the conditional dependence between random varia...

We provide novel evidence of priced correlation risk in the foreign exchange market. Currencies that perform badly (well) during periods of high exchange rate correlation have high (low) average returns. We also show that high (low) interest rate currencies have high (low) correlation risk exposure, providing a risk-based justification for the carry trade. To address our empirical findings, we ...

J.-P. Montagner,1 C. Larmat,2 Y. Capdeville,1 M. Fink,3 H. Phung,1 B. Romanowicz,4 E. Clévédé1 and H. Kawakatsu5 1Seismology Laboratory, Institut de Physique du Globe UMR-CNRS 7154, 1 rue Jussieu 75238 Paris Cedex 05, France. E-mail: [email protected] 2L.A.N.L., Los Alamos, NM, USA 3Institut Langevin, ESPCI ParisTech, CNRS, 1 rue Jussieu, 75005 Paris, France 4Seismology Lab., U.C. Berkeley, Berkeley,...