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equilibrium. I estimate the structural parameters of the model using the NLSY 97 data, via a three-step estimation procedure to …
Persistent link: https://www.econbiz.de/10009439060
The accurate fitting of a circle to noisy measurements of points on its circumference is an important and much-studied problem in statistics. Atherton & Kerbyson (Image and Vision Computing 17, 1999, 795-803) have proposed a complex convolutional circle parameter estimator. One of the estimators...
Persistent link: https://www.econbiz.de/10009448050
In ecological population management, years of animal counts are fit to nonlinear, dynamic models (e.g. the Ricker model) because the values of the parameters are of interest. The yearly counts are subject to measurement error, which inevitably leads to biased estimates and adversely affects...
Persistent link: https://www.econbiz.de/10009468234
There is little available information on sector-specific sales and employment impacts of a large-scale solar space and water heating industry. This study identifies those sectors of the economy which would be most affected by increased solar utilization and estimates the magnitude of the...
Persistent link: https://www.econbiz.de/10009468721
Parameter estimation for large systems is a difficult problem, and the solution approaches are computationally … uncertainties on the system response. This article compares two new computational approaches for parameter estimation based on the … polynomial chaos theory for parameter estimation: a Bayesian approach, and an approach using an extended Kalman filter (EKF) to …
Persistent link: https://www.econbiz.de/10009457571
We estimate the elasticity of substitution using two different production functions. The usual Constant Elasticity of Substitution (CES) production function and a Box-Cox production function for Japan (1890-1991), UK (1870-1991), and US (1890-1992; 1929-2000). The main results are that we find the...
Persistent link: https://www.econbiz.de/10009431206
by using variation in decisions over heterogeneous priors. Relative to existing estimation approaches, our \Prior- Based …
Persistent link: https://www.econbiz.de/10010849638
At the article the risks accompanying realization of currency banking operations are reviewed and also the improved currency risk management system for commercial banks is offered. The large attention is given to problems of limits installation on currency operations and development of internal...
Persistent link: https://www.econbiz.de/10010855477
Motivated by the construction of the Itô stochastic integral, we consider a step function method to discretize and simulate volatility modulated Lévy semistationary processes. Moreover, we assess the accuracy of the method with a particular focus on integrating kernels with a singularity at...
Persistent link: https://www.econbiz.de/10010885056
from the estimation of the cycle time of each job in the wafer fabrication factory. Although this topic has been widely … investigated, several issues still need to be addressed, such as how to classify jobs suitable for the same estimation mechanism …
Persistent link: https://www.econbiz.de/10010885347