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Among a variety of small area estimation methods, one popular approach for the estimation of linear and non …-linear indicators is the empirical best predictor. However, parameter estimation using standard maximum likelihood methods is not … is often the case for income variables. Therefore, this work proposes an estimation method, which enables the estimation …
Persistent link: https://www.econbiz.de/10011703587
Persistent link: https://www.econbiz.de/10014634152
In this article we examine how model selection in neural networks can be guided by statistical procedures such as hypotheses tests, information criteria and cross validation. The application of these methods in neural network models is discussed, paying attention especially to the identification...
Persistent link: https://www.econbiz.de/10011622013
High nonresponse rates have become a rule in survey sampling. In panel surveys there occur additional sample losses due to panel attrition, which are thought to worsen the bias resulting from initial nonresponse. However, under certain conditions an initial wave nonresponse bias may vanish in...
Persistent link: https://www.econbiz.de/10013494126
model we exploit the link between the Asymmetric Laplace Distribution and maximum likelihood estimation for quantile …-variance relationship. Mean Squared Error estimation is discussed. Extensive model-based simulations are used for comparing the proposed …
Persistent link: https://www.econbiz.de/10011496844
Persistent link: https://www.econbiz.de/10003528795
We present a new method for imposing and testing concavity of a cost function using asymptotic least squares, which can easily be implemented even for cost functions which are nonlinear in parameters. We provide an illustration on the basis of a (generalized) Box-Cox cost function with six...
Persistent link: https://www.econbiz.de/10013428379
Modern systems of official statistics require the estimation and publication of business statistics for disaggregated … area estimation. Recently proposed outlier robust modelbased small area methods assume, however, uncorrelated random …
Persistent link: https://www.econbiz.de/10010486950
rank estimation method via sequential testing. For a class of stochastic volatility models, we determine data …
Persistent link: https://www.econbiz.de/10012655380
This paper introduces a reinforcement learning based approach to compute optimal interest rate reaction functions in terms of fulfilling inflation and output gap targets. The method is generally flexible enough to incorporate restrictions like the zero lower bound, nonlinear economy structures...
Persistent link: https://www.econbiz.de/10012792732