Showing 1 - 4 of 4
When Barret and Donald (2003) in Econometrica proposed a consistent test of stochastic dominance, they were silent about the asymptotic unbiasedness of their tests against (square root) n-converging Pitman local alternatives. This paper shows that when we focus on first-order stochastic...
Persistent link: https://www.econbiz.de/10014220140
This paper studies the nonparametric identification and estimation of voters' preferences when voters are ideological. We establish that voter preference distributions and other parameters of interest can be identified from aggregate electoral data. We also show that these objects can be...
Persistent link: https://www.econbiz.de/10013074791
This paper constructs individual-specific density forecasts for a panel of firms or households using a dynamic linear model with common and heterogeneous coefficients and cross-sectional heteroskedasticity. The panel considered in this paper features large cross-sectional dimension (N) but short...
Persistent link: https://www.econbiz.de/10012956589
This paper studies the nonparametric identification and estimation of voters' preferences when voters are ideological. We build on the methods introduced by Degan and Merlo (2009) representing elections as Voronoi tessellations of the ideological space. We exploit the properties of this...
Persistent link: https://www.econbiz.de/10014187524