An overview of Type I and II errors, their significance in hypothesis testing, and their implications in economic research.
1--- 2meta: 3 date: false 4 reading_time: false 5title: "Thin Market" 6date: 2023-10-05 7description: "A market with few buyers and sellers, characterized by high volatility, low transaction volume, and low liquidity." 8tags: ["Thin Market", "Liquidity", "Volatility", "Transaction Volume"] 9--- 10 11## Background 12 13Thin markets, also known as illiquid markets, are financial or commodity markets with a sparse number of participants, leading to unique trading dynamics. Such markets face distinct challenges compared to more liquid markets with numerous buyers and sellers.
1--- 2meta: 3 date: false 4 reading_time: false 5title: "Transnational Corporation" 6date: 2023-10-05 7description: "Overview and analysis of transnational corporations in the global economic context" 8tags: ["transnational corporation", "multinational corporation", "globalization", "international business"] 9--- 10 11## Background 12 13A Transnational Corporation (TNC), also known as a multinational corporation (MNC), refers to an enterprise that operates and manages production or delivers services in more than one country. These corporations maintain a strategic, operational presence across different nations through subsidiaries, branches, or affiliates.
1--- 2meta: 3 date: false 4 reading_time: false 5title: "Truncated Sample" 6date: 2023-10-05 7description: "A sample from which some observations have been systematically excluded" 8tags: ["Sampling Methods", "Econometrics", "Data Analysis"] 9--- 10 11## Background 12 13In statistical and econometric analyses, an understanding of sampling methods is crucial. The concept of a "truncated sample" addresses specific situations where data collection is limited to a subset of the possible observations. 14 15## Historical Context 16 17The use of truncated samples has been critical since the early developments in regression analysis and estimation methods.
