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Heterogeneous Treatment Effects : Instrumental Variables Without Monotonicity?

Klein, Tobias J. - Tilburg University, Center for Economic Research - 2008

treatment decision depend on each other. Imbens and Angrist (1994) were the first to exploit a monotonicity condition in order …, identification hinges on the same monotonicity assumption that is fundamentally untestable. We investigate the sensitivity of … respective estimates to reasonable departures from monotonicity that are likely to be encountered in practice. Approximations to …

Persistent link: https://www.econbiz.de/10011091226

Application of Neural Networks to House Pricing and Bond Rating

Daniëls, H.A.M.; Kamp, B.; Verkooijen, W.J.H. - Tilburg University, Center for Economic Research - 1997

variables. The degree of monotonicity with respect to each explanatory variable is calculated by numerical differentiation. The … application of monotonic neural networks to problems where monotonicity with respect to the explanatory variables is known a …

Persistent link: https://www.econbiz.de/10011091864

Minimal Overlap Rules for Bankruptcy

Hendrickx, Ruud; Borm, Peter; Quant, Marieke; Elk, R. - Tilburg University, Center for Economic Research - 2005

This paper introduces a new way of representing bankruptcy rules.These representations are used to show that the minimal overlap rule is a composition of the Ibn Ezra rule and the constrained equal losses rule.The residual minimal overlap rule is analysed as an alternative extension of the Ibn...

Persistent link: https://www.econbiz.de/10011092643

A Dual Egalitarian Solution

Klijn, F.; Slikker, M.; Tijs, S.H. - Tilburg University, Center for Economic Research - 2000

In this note we introduce an egalitarian solution, called the dual egalitarian solution, that is the natural counterpart of the egalitarian solution of Dutta and Ray (1989).We prove, among others, that for a convex game the egalitarian solution coincides with the dual egalitarian solution for...

Persistent link: https://www.econbiz.de/10011092654

Bias-Corrected Quantile Regression Estimation of Censored Regression Models

Cizek, Pavel; Sadikoglu, S. - Tilburg University, Center for Economic Research - 2014

Motivated by weak small-sample performance of the censored regression quantile estimator proposed by Powell (1986a), two- and three-step estimation methods were introduced for estimation of the censored regression model under conditional quantile restriction. While those stepwise estimators have...

Persistent link: https://www.econbiz.de/10011090991

Competition, Efficiency, and Soundness in Banking : An Industrial Organization Perspective

Schaeck, K.; Cihák, M. - Tilburg University, Center for Economic Research - 2010

How can competition enhance bank soundness? Does competition improve soundness via the efficiency channel? Do banks heterogeneously respond to competition? To answer these questions, we exploit an innovative measure of competition [Boone, J., A new way to measure competition, EconJnl, Vol. 118,...

Persistent link: https://www.econbiz.de/10011091805

A Method of Moments Estimator of Tail Dependence in Elliptical Copula Models

Krajina, A. - Tilburg University, Center for Economic Research - 2009

An elliptical copula model is a distribution function whose copula is that of an elliptical distri- bution. The tail dependence function in such a bivariate model has a parametric representation with two parameters: a tail parameter and a correlation parameter. The correlation parameter can be...

Persistent link: https://www.econbiz.de/10011090470

A Method of Moments Estimator of Tail Dependence

Einmahl, John; Krajina, A.; Segers, J.J.J. - Tilburg University, Center for Economic Research - 2007

AMS 2000 subject classifications: 60G70, 62H12, 62H15, 62F05, 62F12, 62F25.

Persistent link: https://www.econbiz.de/10011091710

Sensitivity analysis and optimization of system dynamics models : Regression analysis and statistical design of experiments

Kleijnen, Jack P.C. - Tilburg University, Center for Economic Research - 1995

This tutorial discusses what-if analysis and optimization of System Dynamics models. These problems are solved, using the statistical techniques of regression analysis and design of experiments (DOE). These issues are illustrated by applying the statistical techniques to a System Dynamics model...

Persistent link: https://www.econbiz.de/10011092652

Semiparametrically Efficient Inference Based on Signs and Ranks for Median Restricted Models

Werker, Bas J.M.; Hallin, M.; Vermandele, C. - Tilburg University, Center for Economic Research - 2004

Since the pioneering work of Koenker and Bassett (1978), econometric models involving median and quantile rather than the classical mean or conditional mean concepts have attracted much interest.Contrary to the traditional models where the noise is assumed to have mean zero, median-restricted...

Persistent link: https://www.econbiz.de/10011092707