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Approximating grouped fixed effects estimation via fuzzy clustering regression
Lewis, Daniel J.; Melcangi, Davide; Pilossoph, Laura; … - 2022
-means objective to regression settings. As the regularization parameter m approaches 1, the fuzzy clustering objective converges to …
Persistent link: https://www.econbiz.de/10014302755
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Latent heterogeneity in the marginal propensity to consume
Lewis, Daniel J.; Melcangi, Davide; Pilossoph, Laura - 2019
We estimate the distribution of marginal propensities to consume (MPCs) using a new approach based on the fuzzy C-means algorithm (Dunn 1973; Bezdek 1981). The algorithm generalizes the K-means methodology of Bonhomme and Manresa (2015) to allow for uncertain group assignment and to recover...
Persistent link: https://www.econbiz.de/10012144745
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Latent heterogeneity in the marginal propensity to consume
Lewis, Daniel J.; Melcangi, Davide; Pilossoph, Laura - 2019
We estimate the distribution of marginal propensities to consume (MPCs) using a new approach based on the fuzzy C-means algorithm (Dunn 1973; Bezdek 1981). The algorithm generalizes the K-means methodology of Bonhomme and Manresa (2015) to allow for uncertain group assignment and to recover...
Persistent link: https://www.econbiz.de/10012123509
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Approximating grouped fixed effects estimation via fuzzy clustering regression
Lewis, Daniel J.; Melcangi, Davide; Pilossoph, Laura; … - In: Journal of applied econometrics 38 (2023) 7, pp. 1077-1084
Persistent link: https://www.econbiz.de/10014474404
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Approximating grouped fixed effects estimation via fuzzy clustering regression
Lewis, Daniel J.; Melcangi, Davide; Pilossoph, Laura; … - 2022
-means objective to regression settings. As the regularization parameter m approaches 1, the fuzzy clustering objective converges to …
Persistent link: https://www.econbiz.de/10013401747
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Latent heterogeneity in the marginal propensity to consume
Lewis, Daniel J.; Melcangi, Davide; Pilossoph, Laura - 2024
We estimate the unconditional distribution of the marginal propensity to consume (MPC) using clustering regression …
Persistent link: https://www.econbiz.de/10014536216
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Latent heterogeneity in the marginal propensity to consume
Lewis, Daniel J.; Melcangi, Davide; Pilossoph, Laura - 2024
We estimate the unconditional distribution of the marginal propensity to consume (MPC) using clustering regression …
Persistent link: https://www.econbiz.de/10014581768