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The manner in which governments charge mineral resource producers has been the subject of considerable debate. In particular, there is a continuing debate about whether royalties should be reduced or eliminated, the preferred alternative then being some variant of an income-based charge such as...
Persistent link: https://www.econbiz.de/10011458141
This paper explores the uniformity of inference for parameters of interest in nonlinear models with endogeneity. The notion of uniformity is fundamental in these models because due to potential endogeneity, the behavior of standard estimators of these parameters is shown to vary with where they...
Persistent link: https://www.econbiz.de/10013075515
Discrete response models are of high interest in economics and econometrics as they encompass treatment eff ects, social interaction and peer e ffect models, and discrete games. We study the impact of the structure of information sets of economic agents on the Fisher information of (strategic)...
Persistent link: https://www.econbiz.de/10014177339
We consider dynamic games that can have state variables that are partially observed, serially correlated, endogenous, and heterogeneous. We propose a Bayesian method that uses a particle filter to compute an unbiased estimate of the likelihood within a Metropolis chain. Unbiasedness guarantees...
Persistent link: https://www.econbiz.de/10013111972