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July 2000 - The United Kingdom generally fights poverty directly-through the government's benefit system-and not through utilities. But British regulators have taken certain measures that help utility consumers (mostly, but not always, poor consumers). Other countries may be able to copy some of...
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This introduction to nonparametric regression emphasizes techniques that might be most accessible and useful to the applied economist. The paper begins with a brief overview of the class of models under study and central theoretical issues such as the curse of dimensionality, the bias-variance...
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This paper outlines a class of statistical procedures that permit testing of a broad range of multidimensional stochastic dominance hypotheses and, more generally, welfare hypotheses that rely upon multiple stochastic dominance conditions. We apply the procedures to data on income and leisure...
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Nonparametric regression techniques hold out the promise of more flexible modeling of data in many areas of physical, biological and social sciences. However, their use is hampered by the Òcurse of dimensionalityÓ which imposes enormous data requirements as the number of explanatory variables...
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