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Predicting the past - Tilburg University, The Netherlands

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I am much impressed by all <strong>the</strong> scientific terms he uses:<br />

Matrix calculus and asymptotic <strong>the</strong>ory and such.<br />

I admit that quite a lot of it perplexes and confuses,<br />

And it wouldn’t make a difference if it had been in Dutch.<br />

Intuition also gives me indigestion,<br />

And <strong>the</strong> question whe<strong>the</strong>r models that you use in your research are right or wrong<br />

for me is certainly too difficult a question.<br />

Oh, <strong>the</strong> orator casts a magic spell,<br />

But <strong>the</strong> things he says don’t even ring a bell.<br />

No, as far as I can tell,<br />

Magnus just does not explain it very well.<br />

I have always been intrigued by <strong>the</strong> econometric sector,<br />

And I can assure you that <strong>the</strong>re’s little that I wouldn’t give<br />

If <strong>the</strong>y made me grasp <strong>the</strong> essence of a matrix or a vector<br />

Or indeed <strong>the</strong> underlying concept of derivative.<br />

It is also quite beyond my comprehension<br />

That, whenever you employ a differential, <strong>the</strong>n <strong>the</strong> differential of a matrix is a matrix<br />

of <strong>the</strong> same dimension.<br />

I am no statistician and confess<br />

That I cannot even make a learned guess.<br />

And I may know even less<br />

After Jan’s valedictory address.<br />

<strong>Predicting</strong> <strong>the</strong> <strong>past</strong> 15

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