This paper considers likelihood-based testing of the null hypothesis of <em>m0</em> components against the alternative of <em>m</em>0+1 components in a finite mixture model. The number of components is an important parameter in the applications of finite mixture models. Still, testing the number of components has...

This paper develops a new computationally attractive procedure for estimating dynamic discrete choice models that is applicable to a wide range of dynamic programming models. The proposed procedure can accommodate unobserved state variables that (i) are neither additively separable nor follow...

This article analyzes the identifiability of k-variate, M-component finite mixture models in which each component distribution has independent marginals, including models in latent class analysis. Without making parametric assumptions on the component distributions, we investigate how one can...

To what extent does a tax credit affect firms’ R&D activity? What are the mechanisms? This paper examines the effect of R&D tax credits on firms’ R&D expenditure by exploiting the variation across firms in the changes in the eligible tax credit rate between 2000 and 2003. Estimating the...

type="main" <p>In this paper we propose a modified quasi-likelihood ratio test of the null hypothesis of one regime against the alternative of two regimes in Markov regime-switching models. The asymptotic distribution of the proposed test statistic is a simple function of Gaussian random variables,...</p>

type="main" xml:id="rssb12022-abs-0001" <title type="main">Summary</title> <p>We analyse the identifiability of the number of components in k-variate, M-component finite mixture models in which each component distribution has independent marginals, including models in latent class analysis. Without making parametric...</p>

To what extent does a tax credit affect firms' R&D activity? What are the mechanisms? This paper examines the effect of R&D tax credits on firms' R&D expenditure by exploiting the variation across firms in the changes in the eligible tax credit rate between 2000 and 2003. Estimating the...

To what extent does a tax credit affect firms' R&D activity? What are the mechanisms? This paper examines the effect of the 2003 Japanese tax credit reform on firms' R&D investment by exploiting cross-sectional variation across firms in the changes in the effective tax credit rate between 2002...

This article analyzes the identifiability of the number of components in k-variate, M-component finite mixture models in which each component distribution has independent marginals, including models in latent class analysis. Without making parametric assumptions on the component distributions,...