Archive for September 2017

Importing WRDS data into Stata

Wharton Research Data Services (WRDS) is a leading research platform and business intelligence tool for 400+ corporate, academic, and government researchers. If your institution subscribes to WRDS, you can now easily access WRDS data remotely via Stata’s odbc command. For questions or subscription information click here. Read more…

Bayesian logistic regression with Cauchy priors using the bayes prefix


Stata 15 provides a convenient and elegant way of fitting Bayesian regression models by simply prefixing the estimation command with bayes. You can choose from 45 supported estimation commands. All of Stata’s existing Bayesian features are supported by the new bayes prefix. You can use default priors for model parameters or select from many prior distributions. I will demonstrate the use of the bayes prefix for fitting a Bayesian logistic regression model and explore the use of Cauchy priors (available as of the update on July 20, 2017) for regression coefficients. Read more…