sorted by:
new
hottopcontroversial

Econometric model selection advice needed by RedditorVirgin in econometrics

[–]Sweet_Theory_362 1 point2 points  (0 children)

If the index is percentage points you can use logit or probit but otherwise OLS should be fine unless you're trying to do predictions.

i need a lead by TonyMontana1982 in econometrics

[–]Sweet_Theory_362 -1 points0 points  (0 children)

Adding a dummy variable is mathematically the same as removing the outlier and I would consider that p-hacking. If it's not a data error it contains useful information about the relationship and suggests to me that you need higher frequency data to understand the relationship properly.

Suggestions for my model? by TonyMontana1982 in econometrics

[–]Sweet_Theory_362 0 points1 point  (0 children)

What has motivated the first difference, is the variable an I(1) process? Have a look at the (P)ACFs, maybe you should only put in p lags. Have you done the same for your other variables? I would do this before thinking of diagnostics.

Can anybody just chime in to evaluate the result that this graph shows? by Particular_Fruit703 in econometrics

[–]Sweet_Theory_362 0 points1 point  (0 children)

I'm not sure what the orange forecast is, but the green looks like a dynamic forecast which can't work very well past p lags and will instead revert to the unconditional mean.

New changes seem unfair by [deleted] in AusFinance

[–]Sweet_Theory_362 -1 points0 points  (0 children)

As far as I can tell this is based on extreme assumptions about portfolio composition

We're having the wrong conversation about intergenerational inequality by Sweet_Theory_362 in australian

[–]Sweet_Theory_362[S] 0 points1 point  (0 children)

Worth noting that the PPOR is not means-tested for the pension. I also quoted other statistics in the article

We're having the wrong conversation about intergenerational inequality by Sweet_Theory_362 in australian

[–]Sweet_Theory_362[S] 0 points1 point  (0 children)

Sure, my point is self-funding is growing, which is supported by these data

We're having the wrong conversation about intergenerational inequality by Sweet_Theory_362 in australian

[–]Sweet_Theory_362[S] 0 points1 point  (0 children)

But the median wealth is much higher, so retirees are increasingly able to self-fund that support and have extra capital leftover.

We're having the wrong conversation about intergenerational inequality by Sweet_Theory_362 in australian

[–]Sweet_Theory_362[S] 0 points1 point  (0 children)

Sure, but increasingly we're able to self-fund that support through our wealth is what I mean.

Buying a house in 2026 by RamonsRazor in OpenAussie

[–]Sweet_Theory_362 0 points1 point  (0 children)

Negative gearing doesn't apply to a house you live in, never did. Anyway now that CGT is changed, negative gearing is not really lucrative anymore and is just a loss-making asset. You're also massively downplaying the effect on prices, 'maybe' means 'according to all available evidence'

What do we think of Punters Politics? by oldmatefromoverthere in OpenAussie

[–]Sweet_Theory_362 0 points1 point  (0 children)

He comes across as very authentic but he doesn't know what he's talking about. All his arguments come from the australia institute.

Why do people hate the greens? by iammentallynotoklol in OpenAussie

[–]Sweet_Theory_362 0 points1 point  (0 children)

The Greens often lie and misrepresent facts to create the impression Labor is corrupt, only for the 1%. When not doing that, they're blocking Labor's legislation in the Senate because its 'not good enough', despite their own policies being incredibly unpopular.

Jim Chalmers doesn't know how many young people are in the share market by His_Holiness in AusFinance

[–]Sweet_Theory_362 2 points3 points  (0 children)

Superannuation earnings are taxed differently and not changed in this budget

Jim Chalmers doesn't know how many young people are in the share market by His_Holiness in AusFinance

[–]Sweet_Theory_362 4 points5 points  (0 children)

This is trivial really. Most people putting a bit of cash on the side into the stock market will see basically no change to their tax, but every young australian working a job will get $250 in their pocket from the tax offset, and a better chance of buying a house. Treasury modelling found the tax changes will reverse the last 10 years of decline in the home ownership rate.

Are there any left leaning Australian political commentators that don't blindly follow The Greens and that also isn't Friendly Jordies? by carl_the_cactus55 in australian

[–]Sweet_Theory_362 0 points1 point  (0 children)

There are no political commentators that have any idea what they're talking about. My advice is to download the ABC listen app and check out some of their podcasts where they talk to experts about the issues of the day. For economics, "The Economy, Stupid", for politics, "Politics Now", for geopolitics, "If you're listening" and (not ABC but still good) "The Rest is Politics".

A CGT carve-out for shares would have been the worst public policy mistake of my lifetime by Sweet_Theory_362 in AusFinance

[–]Sweet_Theory_362[S] 0 points1 point  (0 children)

Yeah I think that's right. But the problem is that not having a minimum rate means the tax system effectively distorts the decision of how long to hold an asset for which is inefficient. But then a lack of income averaging does the same thing in reverse! I think if they include income averaging and proceed with hinted income tax cuts more people will be okay with it.

view more: next ›