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The specialization patterns of metropolitan areas are crucial in characterizing the effects of economic integration in Europe. This paper aims to provide and estimate an econometric model that explains both sectoral specialization and sectoral dissimilarity, measured with the GINI and the...
Persistent link: https://www.econbiz.de/10011048890
An algorithm to generate samples with approximate first-, second-, and third-order moments is presented extending the Cholesky matrix decomposition to a Cholesky tensor decomposition of an arbitrary order. The tensor decomposition of the first-, second-, and third-order objective moments...
Persistent link: https://www.econbiz.de/10010532225
The papers published in this issue of the Rivista Internazionale di Scienze Sociali have been selected from those contributions presented at the workshop on ‘‘Employment opportunities and unemployment over the economic downturn’’ held on 18th May 2012 at the Universita` Cattolica del...
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logit model using simulation. The method is easy to implement, yet it can approximate essentially any mixture distribution …. We test it with good results in a simulation study and on real data. …
Persistent link: https://www.econbiz.de/10010678800
propose an efficient estimator for estimating the finite-dimensional parameter of the model. Simulation results show …
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This paper shows how revealed preference relations, observed under general budget sets, can be extended using closure operators which impose certain assumptions on preferences. Common extensions are based on the assumption that preferences are convex and/or monotonic, but we also consider...
Persistent link: https://www.econbiz.de/10009579263