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En este documento se proponen nuevos métodos con el objetivo de construir intervalos de confianza para el sesgo del estimador de mínimos cuadrados en dos etapas y para la distorsión del tamaño del test de Wald asociado a los modelos de variables instrumentales. Es importante destacar que...
Persistent link: https://www.econbiz.de/10012532189
En este documento se analiza la estimación por máxima verosimilitud de modelos lineales de datos de panel con efectos fijos y regresores endógenos. El estimador máximo verosímil resultante es asintóticamente equivalente a estimadores de panel por el Método Generalizado de Momentos...
Persistent link: https://www.econbiz.de/10012548701
-order selection criteria (both information theoretic based and bootstrap-based). Also, we show that for some models the performance of … the bootstrap-based criterion improves significantly by using the proposed partial-model selection searching method. Index … Terms— Model order estimation, model selection, information theoretic criteria, bootstrap 1. INTRODUCTION Several model …
Persistent link: https://www.econbiz.de/10009438286
the classical paradigm, by investigating the best way to estimate bootstrap confidence limits on recreational harvest and …
Persistent link: https://www.econbiz.de/10009438291
estimator (CME), the bootstrap and the more recently proposed hook-and-loop resampling based model selection. The advantages and …
Persistent link: https://www.econbiz.de/10009438332
for testing the existence of cointegrating relationships using the parametric bootstrap. In these procedures, ARFIMA …, including the F goodness-of-fit statistic, the Durbin–Watson statistic and estimates of the residual d. The bootstrap … not in general asymptotically pivotal, but implemented by the bootstrap, are shown to be consistent against alternatives …
Persistent link: https://www.econbiz.de/10009440950
reasonable power when the critical values are obtained via a parametric bootstrap. …
Persistent link: https://www.econbiz.de/10009442280
One of the most enduring problems in cross-section or panel data models is heterogeneity among individual observations. Different approaches have been proposed to deal with this issue, but threshold regression models offer intuitively appealing econometric methods to account for heterogeneity....
Persistent link: https://www.econbiz.de/10009444965
This paper develops an approach to empirically demonstrate how the within-season distribution of U.S. domestic commodity support for corn differs between current-style approaches of support and revenue-based support. From a purely economic standpoint, the results show the revenue-based payment...
Persistent link: https://www.econbiz.de/10009444982
bootstrap augmented nonparametric procedure to precisely bound welfare when price data contains measurement error. The technique …
Persistent link: https://www.econbiz.de/10009445755