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estimator is biased upwards (downwards). Using the bias function, we then show the mechanism of the parametric bootstrap ….This motivates us to propose a simultaneous multi-level bootstrap procedure so as to further correct the remaining bias. The …-level bootstrap algorithm is feasible and does not suffer from the curse of dimensionality. Monte Carlo evidence supports the …
Persistent link: https://www.econbiz.de/10009203636
This paper has been removed for revision
Persistent link: https://www.econbiz.de/10010678636
consider a bootstrap approximation to determine <InlineEquation ID="IEq2"> <EquationSource Format …
Persistent link: https://www.econbiz.de/10011240917
Using Monte Carlo experiments, we examine the performance of indirect inference tests of DSGE models in small samples, using various models in widespread use. We compare these with tests based on direct inference (using the Likelihood Ratio). We find that both tests have power so that a...
Persistent link: https://www.econbiz.de/10011147727
new tests are bootstrap implementations of score-based tests for the order of integration of a fractionally integrated … using a standard i.i.d. bootstrap admit pivotal asymptotic null distributions in the presence of heteroskedasticity, but … that the corresponding tests based on the wild bootstrap principle do. A Monte Carlo simulation study demonstrates that …
Persistent link: https://www.econbiz.de/10011147854
procedure, based on bootstrap techniques, for testing the significance of environmental factors on directional efficiency scores …
Persistent link: https://www.econbiz.de/10011148672
This paper demonstrates that the bootstrap procedure suggested by Ferrier and Hirschberg (1997) gives inconsistent …
Persistent link: https://www.econbiz.de/10011154954
, the bootstrap technique allows us to determine the confidence intervals of all components of the labor productivity …
Persistent link: https://www.econbiz.de/10011154973
This paper considers the provision of some important municipal services and applies the non-parametric double bootstrap … inference are invalid, and they develop a bootstrap approach that yields valid inference in second stage regressions when these …
Persistent link: https://www.econbiz.de/10011154976
Hirschberg (1997). A simple experiment is devised to demonstrate that in the one-input, one-output case the bootstrap of the non …-modified DEA scores is not a failure of the bootstrap. Copyright Kluwer Academic Publishers 1999 …
Persistent link: https://www.econbiz.de/10011154987