This paper analyzes and structurally estimates a synchronization game. Agents take part in an activity and benefit from the participation of others. Coordinated actions are fruit of correlated effects as well as endogenous interactions. Standard tools applied in optimal stopping problems for...

In this paper, we propose the use of bootstrapping methods to obtain correct critical values for dating breaks. Following the procedure proposed in Banerjee, Lazarova and Urga (1998), we consider the case of estimating a system with two or more marginal processes and a conditional process....

This paper studies weak exogeneity of conditioning variables for the inference of a subset of parameters of the conditional student's t and elliptical linear regression models considered by Spanos (1994). Weak exogeneity of the conditioning variables is shown to hold for the inference of...