Monthly Archives: June 2012

Proof of Unbiasedness of Sample Variance Estimator

Proof of Unbiasness of Sample Variance Estimator (As I received some remarks about the unnecessary length of this proof, I provide shorter version here) In different application of statistics or econometrics but also in many other examples it is necessary … Continue reading

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Log-Linearizing

Log-Linearizing What exactly is happening when we linearize a model? Well, the answer is simple, we basically approximate non-linear equations with linear once. In context of macroeconomics we may have models which are non-linear. Thus in order to solve them there is … Continue reading

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