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We discuss statistical inference problems associated with identification and testability in econometrics, and we emphasize the common nature of the two issues. After reviewing the relevant statistical notions, we consider in turn inference in nonparametric models and recent developments on...
Persistent link: https://www.econbiz.de/10005100952
It is well known that standard asymptotic theory is not valid or is extremely unreliable in models with identification problems or weak instruments [Dufour (1997, Econometrica), Staiger and Stock (1997, Econometrica), Wang and Zivot (1998, Econometrica), Stock and Wright (2000, Econometrica),...
Persistent link: https://www.econbiz.de/10005101049
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The paper presents the research results on detection of structural breaks in copula models of multivariate time …
Persistent link: https://www.econbiz.de/10009018538
This paper make an overview of the copula theory from a practical side. We consider different methods of copula … Gaussian copulae but also Hierarchical Archimedean Copulae. Afterwards we provide an empirical part to support the theory. …
Persistent link: https://www.econbiz.de/10008552435
Cet article propose une analyse des rendements éducatifs issue du modèle de Mincer (1974). Dans le cas de Madagascar où plus de 50% des élèves étaient scolarisés dans une école privée en 1997, le type d’éducation reçue (publique ou privée) est pris en compte, tandis que les biais...
Persistent link: https://www.econbiz.de/10008670505
Land use changes generate some conflicts, in particular between agricultural and residential uses in the urbanization context and sprawl phenomena. Coastal zones also produce specific amenities that create conflicts over land-use, increase housing and land values and, associated with and/or...
Persistent link: https://www.econbiz.de/10008854732
The author constructs a formal analytic framework to simulate the impact of various economic shocks on the household debt-service ratio, using data from the Canadian Financial Monitor (CFM) survey. The impact of these shocks on individual households depends on the socio-economic characteristics...
Persistent link: https://www.econbiz.de/10010279859