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structural models used in macroeconomics. The routine involves the estimation of dynamic moments over subgroups of the cross …-sectional dimension of agents. Micro moments differ from each other in the informative content that they carry for point estimation of the … relevant information for the correct estimation of the subjective discount rate. However, data from the cross section are not …
Persistent link: https://www.econbiz.de/10013214497
We consider the estimation of measures of persistent poverty in panel surveys with missing data, focusing on the …
Persistent link: https://www.econbiz.de/10010198454
This paper contributes to the debate on ways to improve the calculation of inequality measures in developing countries experiencing severe budget constraints. Linear regression-based survey-to-survey imputation techniques are most frequently discussed in the literature. These are effective at...
Persistent link: https://www.econbiz.de/10013289914
the case of panel data, an estimation of the incidence of measurement error on the total variance can be obtained by …
Persistent link: https://www.econbiz.de/10012949102
techniques, in particular kernel density estimation, in estimating poverty from grouped data. Using Monte Carlo simulations, we … show that kernel density estimation gives rise to nontrivial biases in estimated poverty levels that depend on the … estimates to changes in the bandwidth and show that they vary widely with it. A comparison of kernel density estimation with …
Persistent link: https://www.econbiz.de/10014220028
Kernel density estimation (KDE) has been prominently used to measure poverty from grouped data (Sala-i-Martin, 2006 … density estimation in poverty analysis …
Persistent link: https://www.econbiz.de/10014050077
We propose two simple bias reduction procedures that apply to estimators in a general static simultaneous equation model and which are valid under reatively weak distributional assumptions for the errors. Standard jackknife estimators, as applied to 2SLS, may not reduce the bias of the exogenous...
Persistent link: https://www.econbiz.de/10010288778
-entropy ; density estimation ; inequality measures ; grouped data … measures, based on the estimation of distribution with the maximum-entropy method. With given data, the entropy of the … estimation, even with little number of groups and with an acceptable numerical effort. -- Maximum-entropy ; density estimation …
Persistent link: https://www.econbiz.de/10008992396
We propose two simple bias reduction procedures that apply to estimators in a general static simultaneous equation model and which are valid under reatively weak distributional assumptions for the errors. Standard jackknife estimators, as applied to 2SLS, may not reduce the bias of the exogenous...
Persistent link: https://www.econbiz.de/10009260061
In economics, rank-size regressions provide popular estimators of tail exponents of heavy-tailed distributions. We discuss the properties of this approach when the tail of the distribution is regularly varying rather than strictly Pareto. The estimator then over-estimates the true value in the...
Persistent link: https://www.econbiz.de/10011823274