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‘Metrics Monday: Estimating Nonlinear Relationships

Last week I discussed U-shaped relationships, and how to test for them. This week, I would like to discuss higher-order nonlinear relationship, or relationships that are “more nonlinear” than U-shaped relationships.

There are many ways one can approach the estimation of nonlinear relationships. I will focus only on a handful of them in this post, from least to most nonlinear, and from semiparametric to nonparametric.

A good first step beyond the estimation of a U-shaped relationship would be to estimate the equation

Listen to Me Talk about Quinoa

About a month ago, I was interviewed by Jeremy Cherfas for the Eat This podcast for an episode on the economics of quinoa.

The end result is an extremely well-researched episode titled “It Is OK to Eat Quinoa” which also features my coauthor Seth Gitter, UC Berkeley graduate student Andrew Stevens, and a few others who know a lot about quinoa. The episode’s main page is here, but you can also listen directly by clicking here.