Bright Data
Analytics that enlighten your mind from the CEE region
In the third post of the 10 Commandments of Applied Econometrics series we discussed the issue of data exploration. Today, I will present the next commandments: keep the solutions simple and use model validation. Keep the models sensibly simple Striking the right balance between simplicity and sophistication: the models created should be neither

La digital transformation spazza come un vento tutti i settori industriali e promette di essere un motore per la competitività, la produttività e l’occupazione. Investire sul miglioramento delle competenze e il rafforzamento dei profili professionali è il punto di partenza per attuare la trasformazione di cui tanto si parla. Partendo

At this point in time, Model Risk Management stands at the forefront of risk management for many of today’s financial services organizations. The majority of financial institutions are in the process of developing Model Risk Management frameworks to mitigate model risk and to become more comfortable with their models. However,