The basic Keen model is a three-dimensional dynamical system describing the time evolution of the wage share, employment rate, and private debt in a closed economy. In the absence of government intervention this system admits, among others, two locally stable equilibria: one with a finite level...

Choice of an appropriate kernel density estimator is a difficult one in minimum distance estimation based on density functions. Particularly, for mixture models, the choice of bandwidth is very crucial because the component densities may have different scale parameters, which in turn necessitate...

Kernel smoothing methods are widely used in many areas of statistics with great success. In particular, minimum distance procedures heavily depend on kernel density estimators. It has been argued that when estimating mixture parameters in finite mixture models, adaptive kernel density estimators...