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simulation exercise is informative about the actual ranking of various estimators when applied to a particular problem. We …
Persistent link: https://www.econbiz.de/10010229930
Currently there is little practical advice on which treatment effect estimator to use when trying to adjust for observable differences. A recent suggestion is to compare the performance of estimators in simulations that somehow mimic the empirical context. Two ways to run such 'empirical Monte...
Persistent link: https://www.econbiz.de/10011916665
applications to show the performance of the method. First, it runs a Monte Carlo simulation to show the method's performance under …
Persistent link: https://www.econbiz.de/10013541717
Propensity score matching estimators have two advantages. One is that they overcome the curse of dimensionality of covariate matching, and the other is that they are nonparametric. However, the propensity score is usually unknown and needs to be estimated. If we estimate it nonparametrically, we...
Persistent link: https://www.econbiz.de/10003222502
This paper builds on the Empirical Monte Carlo simulation approach developed by Huber et al. (2013) to study the …
Persistent link: https://www.econbiz.de/10012390913
affect the properties of such estimators. Based on an Empirical Monte Carlo simulation design, a lack of common support is …
Persistent link: https://www.econbiz.de/10011607613
treatment and policy evaluation. In contrast to previous simulation studies which mostly considered semiparametric approaches …
Persistent link: https://www.econbiz.de/10010467808
This paper focuses on the estimation and predictive performance of several estimators for the time-space dynamic panel data model with Spatial Moving Average Random Effects (SMA-RE) structure of the disturbances. A dynamic spatial Generalized Moments (GM) estimator is proposed which combines the...
Persistent link: https://www.econbiz.de/10011872320
We discuss methods for calculating multivariate normal probabilities by simulation and two new Stata programs for this … used for maximum simulated likelihood estimation. -- simulation estimation ; maximum simulated likelihood ; multivariate …
Persistent link: https://www.econbiz.de/10003316516
This paper develops a simulation estimation algorithm that is particularly useful for estimating dynamic panel data … important determinants of participation, while race is much less important. -- Initial conditions ; missing data ; simulation …
Persistent link: https://www.econbiz.de/10003824296