We consider estimation and inference of parameters in discrete games allowing for multiple equilibria, without using an equilibrium selection rule. We do a set inference while a game model can contain infinite dimensional parameters. Examples can include signaling games with discrete types where...

The objective of this paper is to study the dynamics of the distribution of regional per capita income of Indian states in the post reform period, in order to identify trends towards convergence-club formation, polarisation or stratification during this period. We adopt the distribution dynamics...

With the availability of ultra high frequency financial data, the task of finding an appropriate econometric model to describe the movement of financial variables at the tick-by-tick level has become an important goal in financial econometric research. The task has both theoretical and empirical...

In recent years there has been increased interest in using nonparametric methods to deal with various aspects of financial data. The paper by Fan overviews some nonparametric techniques that have been used in the financial econometric literature, focusing on estimation and inference for...

This paper studies an econometric modeling of a signaling game with two players where one player has one of two types. In particular, we develop an estimation strategy that identies the payos structure and the distribution of types from data of observed actions. We can achieve uniqueness of...

This paper studies the uniform convergence rate of the turncated SNP (semi-nonparametric) density estimator. Using the uniform convergence rate result we obtain, we propose a test statistic testing the equivalence of two unknown densities where two densities are estimated using the SNP estimator...

Rose (2004) showed that the WTO or its predecessor, the GATT, did not promote trade, based on conventional econometric analysis of gravity-type equations of trade. We argue that conclusions regarding the GATT/WTO trade effect based on gravity-type equations are arbitrary and subject to...

Using a sufficiently long-spanning longitudinal dataset, we estimate the short and long term effects of maternal and paternal death on childrens school enrollment, educational attainment, and health in Indonesia, then compare them to the effect of chronic poverty. We also investigate whether...

The international education serve sector is undoubtedly growing. The movement of students across nations is expected to grow fourfold in the next quarter of a century. Undaunted by the current domination by English-speaking providers, countries in Asia have taken big steps to be centers of...