Professor of Economics at University of Wisconsin, econometrician

Madison, Wisconsin
Joined April 2013
Bruce Hansen retweeted
Your favorite regression commands just got more powerful. Discover how StataNow adds the Hansen method, heteroskedasticity- and autocorrelation-consistent options, and Driscoll–Kraay standard errors for panel data. Learn more: stata.com/stata-news/news41-…
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Happy to be part of this great #econometrics conference dedicated to @jgmQED, together with @BruceEHansen , @jmwooldridge, @silviag45129862, @HPesaran and @AndrewChesher! – at Arhus, Denmark
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Improve your economic data analysis by using jackknife standard errors under clustering. This is a minor code change, and can lead to greatly improved inference. This paper provides the theoretical foundation. New paper by @BruceEHansen restud.com/jackknife-standar… #REStud #EconX
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Bruce Hansen retweeted
IV-PPML-HDFE. We are happy to introduce an instrumental-variable Poisson pseudo-maximum likelihood estimator with high-dimensional fixed effects. We also provide a robust and user-friendly ‘ivppmlhdfe’ package for Stata and Julia. More details here 👇 ideas.repec.org/p/drx/wpaper…
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Bruce Hansen retweeted
Very excited for this Friday's Chamberlain Online Seminar, where we'll muse about "The Future of Econometrics." Check out this panelist lineup! Friday 3/27 at Noon ET. Come see!
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Refund the tariffs!
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Bruce Hansen retweeted
The Pretti family’s heartbreaking request to all of us: get the truth out about our son. Alex was an ICU nurse at the Minneapolis VA whose last act was to protect the woman next to him. We will not let this Administration spread lies.
Statement from the family of Alex Pretti, Michael and Susan Pretti:  “We are heartbroken but also very angry.    Alex was a kindhearted soul who cared deeply for his family and friends and also the American veterans whom he cared for as an ICU nurse at the Minneapolis VA hospital. Alex wanted to make a difference in this world. Unfortunately he will not be with us to see his impact. I do not throw around the hero term lightly. However his last thought and act was to protect a woman.    The sickening lies told about our son by the administration are reprehensible and disgusting. Alex is clearly not holding a gun when attacked by Trump’s murdering and cowardly ICE thugs. He has his phone in his right hand and his empty left hand is raised above his head while trying to protect the woman ICE just pushed down all while being pepper sprayed.    Please get the truth out about our son. He was a good man. Thank you”
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Bruce Hansen retweeted
BREAKING: A witness who was just 5 feet from Alex Pretti filed an affidavit depicting what she saw. She says he didn’t touch any of the officers and didn’t appear to be resisting. He was merely helping a woman who had been pepper-sprayed. She’s is terrified that ICE is looking for her, saying they are lying and she doesn’t know what they will do to her if they find her.
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Bruce Hansen retweeted
The latest #StataNow update added more VCE options for linear models: ▪️HAC & Driscoll–Kraay SEs ▪️HC2/HC3 SEs with clustering ▪️Hansen (2025) inference adjustment ▪️Multiple nonnested clusters for IV Learn more: stata.com/statanow/vce-optio… #Stata #StataTip #StataCommunity
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Upgrade to StataNow 19.5! It includes cluster robust jackknife standard errors, adjusted p-values, and confidence intervals, similar to those described in my recent papers. The commend is "reg y x1 x2, vce(hc3 clustervar, dfadjust hansen)".
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It replaces "reg y x1 x2, cluster(clustervar)"
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Newly published translation.
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Having RFK Jr. as HHS secretary is one of the ~2-3 worst things about Trump 2.0 so far, great job by Susan Collins et. al. noahpinion.blog/p/did-rfk-ju…
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Bruce Hansen retweeted
The totally groundless firing of Dr. Erika McEntarfer, my successor as Commissioner of Labor Statistics at BLS, sets a dangerous precedent and undermines the statistical mission of the Bureau. For a full statement opposing this move, read: friendsofbls.org/updates/202…
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Never before has an hour of Presidential rhetoric cost so many people so much. Markets continue to move after my previous tweet. The best estimate of the loss from tariff policy is now is closer to $30 trillion or $300,000 per family of four.
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The Journal of Applied Econometrics annually features an invited paper by a top scholar, presented at the International Association for Applied Econometrics conference. This year's paper by @BruceEHansen is available open access. Check it out here: ow.ly/7lbI50UW15q
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Could 25% tariffs and a trade war induce a recession? It's a massive price/supply shock.
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Bruce Hansen retweeted
Prof @BruceEHansen has a new paper in the JAE and I went through it (and the code), you can read about it here diddigest.substack.com/p/sta…
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