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restrictions, and plays a fundamental role in econometrics and others branches of data analysis. We establish conditions under …, seemingly unrelated regression equations, and single structural equation models. In our analysis, both the parameter dimension …
Persistent link: https://www.econbiz.de/10010368205
restrictions, and plays a fundamental role in econometrics and others branches of data analysis. We establish conditions under …, seemingly unrelated regression equations, and single structural equation models. In our analysis, both the parameter dimension …
Persistent link: https://www.econbiz.de/10010368239
This paper proposes a class of origin-smooth approximators of indicators underlying the sum-of-negative-part statistic for testing multiple inequalities. The need for simulation or bootstrap to obtain test critical values is thereby obviated. A simple procedure is enabled using fixed critical...
Persistent link: https://www.econbiz.de/10010288318
behavioural functions, monotonicity and dominance relations, one-sided constraints on conditional moments in GMM estimation … that the predominant tests currently used in econometrics do not appear to enjoy all these properties simultaneously. We …
Persistent link: https://www.econbiz.de/10010288421
Economists sometimes interpret the failure of a significance test to disconfirm a hypothesis as evidence that this hypothesis is valid. Six examples of this are cited from recent journals. But this is a misinterpretation of what significance tests show. While in general it is correct that every...
Persistent link: https://www.econbiz.de/10011399708
Making use of restrictions imposed by equilibrium, theoretical progress has been made on the nonparametric and semiparametric estimation and identification of scalar additive hedonic models (Ekeland, Heckman, and Nesheim, 2002) and scalar nonadditive hedonic models (Heckman, Matzkin, and...
Persistent link: https://www.econbiz.de/10011509388
-likelihood methods weighted by the inverse of the IV propensity score - so-called inverse probability weighted regression adjustment …
Persistent link: https://www.econbiz.de/10013457343
Measurement error causes a downward bias when estimating a panel data linear regression model. The panel data context … offers various opportunities to derive moment conditions that result in consistent GMM estimators. We consider three sources …
Persistent link: https://www.econbiz.de/10010472669
regression yields positive correlations between naturalization and beneficial labor market outcomes. Once we account for the …
Persistent link: https://www.econbiz.de/10011898989
the 2019Q1-2021Q2 period using a dynamic panel approach, specifically the system Generalized Method of Moments (GMM). In …
Persistent link: https://www.econbiz.de/10012668484