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This paper is concerned with problem of variable selection and forecasting in the presence of parameter instability. There are a number of approaches proposed for forecasting in the presence of breaks, including the use of rolling windows or exponential down-weighting. However, these studies...
Persistent link: https://www.econbiz.de/10012258549
. -- Panel regression ; multiplicative measurement errors ; bias correction ; asymptotic variance ; disclosure control …
Persistent link: https://www.econbiz.de/10003824983
Persistent link: https://www.econbiz.de/10003497528
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The perpetual inventory method used for the construction of education data per country leads to systematic measurement error. This paper analyses the effect of this measurement error on GDP regressions. There is a systematic difference in the education level between census data and observations...
Persistent link: https://www.econbiz.de/10003301163
. We estimate party effects using a regression discontinuity design tailored to proportional systems. Based on rich local … ; proportional representation ; regression discontinuity design …
Persistent link: https://www.econbiz.de/10009707614
context of linear regression models, penalised regression has become the de facto benchmark technique used to trade off … number of advantages over the penalised regression methods: It is based on statistical inference and is therefore easier to … experiments considered in this paper. Despite its simplicity, the theory behind the proposed approach is quite complicated. We …
Persistent link: https://www.econbiz.de/10011444508
contributes to the literature by applying meta-regression analysis to quantify the size and the direction of strategic inter …
Persistent link: https://www.econbiz.de/10010479922
This paper estimates the preference scores of CoCo bond buyers and sellers by running logistic regressions taking into account both bond and issuing bank's characteristics, and also considers the role of country−specific CoCo bond market competitiveness. Buyers are found to be characterised by...
Persistent link: https://www.econbiz.de/10011986130
Several recent papers employ the regression discontinuity design (RDD) to estimate the causal effect of a diploma (or …
Persistent link: https://www.econbiz.de/10011757770