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Econometrics in the Cloud: Robust Standard Errors in BigQuery ML

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This post is part two of a series about how to extend cloud-based data analysis tools – such as Google’s BigQuery ML – to handle specific econometrics requirements. In part 1, I showed how to compute coefficient standard errors in BigQuery. Often, however, heteroskedasticity or autocorrelation in the data means that the regression variance estimates – and thus the standard errors – will be biased. The solution to the heteroskedasticity standard error problem is to estimate robust standard errors (also known as Huber-White standard errors). These can be calculated easily in Stata using the robust option following […]

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Wine, Cheese, Digital Services, and Unicorns

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On the same day French digital policy officials were visiting Washington, spreading the message that the U.S. should work with its European allies to regulate the internet and its dominant giants, the USTR released its finding that France’s tax on digital services discriminates against U.S. digital companies, such as Google, Apple, Facebook, and Amazon. Compounding the damage, the U.S. is threatening to retaliate by imposing tariffs on French wine, cheese, hand bags and other products. This dispute threatens to harm consumers on both sides of the Atlantic. Personally, I don’t […]

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“Bryan Tramont of Wilkinson-Barker-Knauer on C-Band and the Future of Spectrum Policy” (Two Think Minimum)

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Scott Wallsten: Hi and welcome back to the Technology Policy Institute’s podcast, Two Think Minimum. It’s Tuesday, November 12th, 2019. I’m Scott Wallsten, President and Senior Fellow at TPI and I’m joined by my colleague and cohost TPI Senior Fellow Sarah Oh. Today we’re excited to talk with Bryan Tramont. Bryan is Managing Partner of Wilkinson Barker Knauer, a top tier law firm according to Chambers and Legal 500 Bryan offers strategic counsel to Fortune 100 companies, trade associations, small and midsize telecommunications and media companies, on all aspects of […]

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“Telecom and Spectrum in Mexico with Judith Mariscal” (Two Think Minimum)

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Scott Wallsten: Hi and welcome back to the Technology Policy Institute’s podcast, Two Think Minimum. Today is Wednesday, September 24th, 2019. I’m Scott Wallsten, TPI President and Senior Fellow. I am joined by Judith Mariscal who is a professor at the Centro de Investigación y Docencia Económicas (CIDE) and Executive Director of the Cyber Policy Center for Latin America. She’s a leading telecommunications scholar and easily the most knowledgeable and thoughtful person on telecom in Mexico. We’re thrilled that she’s spending a little bit of time with us now as a […]

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Huawei and ZTE: A Bargaining Chip No More?

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If FCC Chairman Ajit Pai’s scheduling of a vote this week  to bar U.S. companies that receive subsidies from purchasing 5G equipment from Chinese firms like Huawei and ZTE isn’t enough, U.S. Attorney General William Barr’s strongly worded (supportive) letter to Pai on this FCC agenda item may signal greater clarity from the U.S. government on a major national security issue.   This spring, when the Technology Policy Institute hosted a panel to assess the costs and benefits of a Huawei ban, the White House seemed to be making up […]

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MIT Sloan Professor Catherine Tucker on Privacy, Antitrust, and the Value of Data (Two Think Minimum)

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Tom Lenard: Hi and welcome back to TPI’s podcast, Two Think Minimum. It’s Monday, October 1st, 2019 and I’m Tom Lenard, senior fellow and president emeritus at the technology policy Institute. And today we’re excited to talk with Catherine Tucker. Catherine Tucker is the Sloan Distinguished Professor of Management and Professor of Marketing at MIT Sloan. She’s also chair of the MIT Sloan PhD program. She’s received numerous awards. I’ll list some of them cause it’s very impressive. The NSF Career Award for her work on digital privacy, the Aaron Anderson […]

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Econometrics in the Cloud: Extending Google BigQuery ML

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Traditionally, econometric and statistical data analysis have been, and continue to be, done on local PCs. The tools of choice typically include STATA, R, SPSS, and some others, and have been for decades. Meanwhile, data storage and computer processing at levels unheard of even a few years ago has become available in the cloud to everyone. While econometric and statistical packages like STATA for local computation have evolved extensively, such tools on the cloud are new and not nearly as extensive. In order to speed our own big data analyses, we […]

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“BT Director of Regulatory Affairs Cathryn Ross on the Economics of Regulation” (Two Think Minimum)

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Bob Hahn: Good afternoon. My name is Bob Hahn and I’m delighted to be doing this podcast for the Technology Policy Institute. I’m a Senior Fellow there and the podcast is called Two Think Minimum. We’re broadcasting to you today from beautiful downtown Aspen, and if you haven’t been here, I highly recommend it. It’s got a splendid view of some spectacular mountains. Today it’s my pleasure to interview, kibitz, and possibly chat with a person who’s a good friend of mine and also an eminent regulator in the United Kingdom. […]

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DOJ Proposal May Result in Four Competitors While Avoiding Possibility of Only Two

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In a Tunney Act filing, “Preserving Wholesale/Resale Competition and Reducing Barriers to Future Facilities-Based Competition,” TPI President and Senior Fellow Scott Wallsten, weighs in with more original analysis of the proposed T-Mobile-Sprint Merger. Testifying before a House Judiciary panel on the combination in March, Wallsten deflated the 4-3 merger arguments deployed by many merger critics, stating that little evidence supported a challenge of the merger. But he raised concerns about the companies’ “outsize shares” in wholesale and resale markets potentially harming low-income customers who tend to prepay for wireless. The […]

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“BigID CEO Dimitri Sirota Brings Fresh Ideas to Privacy Debate” (Two Think Minimum)

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Two Think Minimum Podcast TranscriptEpisode 024: “BigID CEO Dimitri Sirota Brings Fresh Ideas to Privacy Debate” Recorded on: August 20th, 2019 Sarah Oh: Hi and welcome back to TPI’s podcast, Two Think Minimum. It’s Tuesday, August 20, 2019 and we’re here in Aspen, Colorado at the 2019 TPI Aspen Forum. I’m Sarah Oh, Senior Fellow at the Technology Policy Institute. Today we’re excited to talk with Dimitri Sirota, CEO and cofounder of BigID. Dimitri is the CEO of one of the first enterprise privacy management platforms called BigID and a privacy and […]

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