Update

So it's almost 3am here on a Monday night. Why am I up at this hour, you ask? I have been diligently working on my final project from last semesters Econometrics class, which is due Sunday. Luckily tomorrow I don't have class and I can sleep in.
My class partner, Sharon, and I are looking at US FDI and seeing how various variables, like Corruption, Political Stability, and Regulatory Quality affect the amount the US invests in other countries.
There have been many reports written about how corruption affects FDI, but the results have been ambiguous, so we took it a step further and are adding the parameter for "Regulatory Quality". The reason previous reports have been ambiguous on the topic is because there has been this underlying assumption that countries have some "moral" premium on where they invest. Meaning the previous theory is that the US wont give money to countries that corrupt.

Clearly this is logically wrong, the US doesn't give a damn about morals. And now we are basically running the necessary regressions to prove it. Basically, the US as an investor only cares about being able to secure their investment and secure potential profit, regardless of how corrupt the receiving country is. Sad, ain't it.

Clearly the project is more detailed, with things dealing with Ommitted Variable Bias, Multicollinearity, and Heteroskedasticity. I also ran some tests, Chow-Fisher and White specifically. Below you see the regression output for the control variables and the explanatory variables, as divided into two population groups based on GDP per Capita. In other news, Passover break is coming up soon, and I'm looking forward to having some visitors. Sari, Noam, and my sister, as well...

PS, anybody who wants the full 25 page final project email me and I'll send you the pdf. I know you are all dying of curiosity.