Showing 1 - 10 of 6,325
Persistent link: https://www.econbiz.de/10010401633
Persistent link: https://www.econbiz.de/10012009469
Persistent link: https://www.econbiz.de/10011788831
, technological change is highly uncertain and capital intensive, requiring risky efforts in research and development of clean energy … evaluating optimal near-term innovation investment portfolios in four key clean energy technologies (solar, biofuels … energy technologies and experts' beliefs on future costs for the above-mentioned technologies. Focusing on Europe and its …
Persistent link: https://www.econbiz.de/10011622101
We estimate by means of indirect inference a structural economic model where firms’ exit and investment decisions are the solution to a discrete-continuous dynamic programming problem. In the model the exit probability depends on the current capital stock and a measure of short-run...
Persistent link: https://www.econbiz.de/10010474825
In the general linear errors-in-variables model the main results have been derived under the assuption that the measurement errors are uncorrelated. However, as recognized by Bekker, Kapteyn and Wansbeek (BKW) (1997) and Lach (1993) this is often a problematic assumption to maintain in empirical...
Persistent link: https://www.econbiz.de/10011519023
This paper studies simultaneous equations models for two or more discrete outcomes. These models may be incoherent, delivering no values of the outcomes at certain values of the latent variables and covariates, and they may be incomplete, delivering more than one value of the outcomes at certain...
Persistent link: https://www.econbiz.de/10009580790
Representation of continuous-time ARMA, CARMA, models is reviewed. Computational aspects of simulating and calculating the likelihood-function of CARMA are summarized. Some numerical properties are illustrated by simulations. Some real data applications are shown. -- CARMA ; maximum-likelihood ;...
Persistent link: https://www.econbiz.de/10009685469
Persistent link: https://www.econbiz.de/10013132627
Sensitivity analysis is important for its own sake and also in combination with diagnostic testing. We consider the question how to use sensitivity statistics in practice, in particular how to judge whether sensitivity is large or small. For this purpose we distinguish between absolute and...
Persistent link: https://www.econbiz.de/10013085628