Showing 1 - 10 of 26
We experimentally investigate the effect of social identification and information feedback on individual behavior in …
Persistent link: https://www.econbiz.de/10011259314
integral part of identification of a model, we provide a general characterization of the normalization. In consequence some the …
Persistent link: https://www.econbiz.de/10011260080
A new method is proposed for estimating linear triangular models, where identification results from the structural …
Persistent link: https://www.econbiz.de/10009322633
Identifications of a vertical then a horizontal supply curve are successively imposed on Indian time series inflation and industrial output growth data in a two-equation Structural Vector Autoregression (SVAR) model. The results provide an indirect test of the identifications. A high elasticity...
Persistent link: https://www.econbiz.de/10008599137
The article presents the problem of identification in parametric models from an algebraic point of view. We argue that … identification problem, which is slightly different than that suggested in the literature. In practice, it means that in many models … Simultaneous Equations Model (SEM), where our analysis leads to conclusion that existing identification conditions, although …
Persistent link: https://www.econbiz.de/10008727902
A test of the CAPM is developed conditional on a prior belief about the correlation between the true market return and the proxy return used in the test. Consideration is given to the effect of the proxy's mismeasurement of the market return on the estimation of the market model. Failure to...
Persistent link: https://www.econbiz.de/10008543524
The diagonal GARCH(1,1) model is shown to support identification of the triangular system and is argued as a higher …
Persistent link: https://www.econbiz.de/10008543533
Currently, the commonly employed instrumental variables strategy relies on the knife-edge assumption of perfect exogeneity for valid inference. To make reliable inferences on the structural parameters under violations of exogeneity one must know the true correlation between the structural error...
Persistent link: https://www.econbiz.de/10008544692
This paper studies the identification of structural parameters in dynamic games when we replace the assumption of … Markov Perfect Equilibrium (MPE) with weaker conditions such as rational behavior and rationalizability. The identification … of players' time discount factors is of especial interest. I present identification results for a simple two …
Persistent link: https://www.econbiz.de/10005034988
In this study we assume that household demand for private and public goods are the e¢cient outcomes of the household decission process. From the efcient assumption we derive testable properties of these demands and we identify some characteristics of the intrahousehold distribution of the...
Persistent link: https://www.econbiz.de/10005621614