Showing 1 - 10 of 499
This paper presents a model based on simultaneous equations with statistical determined parameters for describing the evolution of important issues relating to local development. The main issues considered are public and private business development environment, employment, demography, social...
Persistent link: https://www.econbiz.de/10014199192
In a landmark contribution to the structural vector autoregression (SVARs) literature, RubioRam'ırez, Waggoner, and Zha (2010, 'Structural Vector Autoregressions: Theory of Identification and Algorithms for Inference,' Review of Economic Studies) shows a necessary and sufficient condition for...
Persistent link: https://www.econbiz.de/10012431646
New nonparametric methods that identify and estimate counterfactuals for individuals, when each is characterized by a vector of unobserved characteristics, are developed and applied to estimate systems of individual consumer demand and welfare measures. The unobserved characteristics are allowed...
Persistent link: https://www.econbiz.de/10011775342
This paper studies the identification of a simultaneous equation model involving duration measures. It proposes a game theoretic model in which durations are determined by strategic agents. In the absence of strategic motives, the model delivers a version of the generalized accelerated failure...
Persistent link: https://www.econbiz.de/10014201447
This paper studies the identification of a simultaneous equation model involving duration measures. It proposes a game theoretic model in which durations are determined by strategic agents. In the absence of strategic motives, the model delivers a version of the generalized accelerated failure...
Persistent link: https://www.econbiz.de/10014212173
This paper presents a simple two-step nonparametric estimator for a triangular simultaneous equation model. Our approach employs series approximations that exploit the additive structure of the model. The first step comprises the nonparametric estimation of the reduced form and the corresponding...
Persistent link: https://www.econbiz.de/10014215285
This paper studies the identification of a simultaneous equation model where the variable of interest is a duration measure. It proposes a game theoretic model in which durations are determined by strategic agents. In the absence of strategic motives, the model delivers a version of the...
Persistent link: https://www.econbiz.de/10014220014
The literature on graphical models and the literature on identification pursue similar goals, but do not use entirely each other's results, because represent them in different languages. To ease the communication between these fields, I translate the most important theorems on identification of...
Persistent link: https://www.econbiz.de/10012998101
Identification through heteroskedasticity in heteroskedastic simultaneous equations models (HSEMs) is considered. The possibility that heteroskedasticity identifies the structural parameters only partially is explicitly allowed for. The asymptotic properties of the identified parameters are...
Persistent link: https://www.econbiz.de/10012964101
Identification through heteroskedasticity in heteroskedastic simultaneous equations models (HSEMs) is considered. The possibility that heteroskedasticity identifies the structural parameters only partially is explicitly allowed for. The asymptoticproperties of the identified parameters are...
Persistent link: https://www.econbiz.de/10012965407