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Our survey covers the recent developments of the microeconometric literature on evaluation methods. In this field, the … defining and for examining the identifiability conditions of the parameters of interest in any evaluation study. We insist on … matching estimators in the situation where the selectivity depends only on observables, and on differences …
Persistent link: https://www.econbiz.de/10004998821
Cette étude est une contribution à l’analyse du processus d’insertion professionnelle des jeunes urbains à Abidjan. A partir d’une enquête d’insertion professionnelle, l’étude montre que les politiques d’emploi jeunes ont relativement amélioré la situation des bénéficiaires...
Persistent link: https://www.econbiz.de/10008694259
This paper make an overview of the copula theory from a practical side. We consider different methods of copula estimation and different Goodness-of-Fit tests for model selection. In the GoF section we apply Kolmogorov-Smirnov and Cramer-von-Mises type tests and calculate power of these tests...
Persistent link: https://www.econbiz.de/10008552435
A general formulation of Mixed Proportional Hazard models with K random effects is provided. It enables to account for a population stratified at K different levels. We then show how to approximate the partial maximum likelihood estimator using an EM algorithm. In a Monte Carlo study, the...
Persistent link: https://www.econbiz.de/10008479242
In a Constant Proportion Portfolio Insurance (CPPI) framework, a constant risk exposure is defined by the multiple of the strategy. This article proposes an alternative conditional multiple estimation model, which is based on an autoregressive quantile regression dynamic approach. We estimate...
Persistent link: https://www.econbiz.de/10004991605
Persistent link: https://www.econbiz.de/10003690304
La littérature sur l'instabilité macroéconomique couvre un champ extrêmement vaste qui se révèle par le spectre très large de mesures utilisées pour appréhender ce phénomène. Le choix de la mesure de l'instabilité macroéconomique apparait généralement peu discuté sous le...
Persistent link: https://www.econbiz.de/10014000796
Les taux de défaut sont des séries couramment utilisées dans les simulations de crise. Au Canada comme dans beaucoup d'autres pays, on ne dispose pas de séries rétrospectives relatives aux taux de défaut sectoriels sur les prêts bancaires aux entreprises. La connaissance de ces taux est...
Persistent link: https://www.econbiz.de/10010427076
Default rates are series commonly used in stress testing. In Canada, as in many other countries, there are no historical series available for sectoral default rates on bank loans to firms. Knowledge of such data is required to assess the impact of shocks on the balance sheets of financial...
Persistent link: https://www.econbiz.de/10009721455
This paper proposes an indirect inference (Gourieroux, Monfort and Renault, 1993; Smith, 1993) estimation method for a large class of dynamic equilibrium models. Our approach is based on the observation that the econometric structure of these systems naturally generates auxiliary equilibria that can...
Persistent link: https://www.econbiz.de/10010499879