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the Conformity test (CCT) for the existence and rank of cointegration, as given in Johansen (J) (1988), (1991), and the … CCT has very good power characteristics in detecting the rank of cointegration, but it exhibits some size distortions that …
Persistent link: https://www.econbiz.de/10009472581
entries has not been fully discussed in cointegration theory. In such cases, the use of standard VECM models may lead to …
Persistent link: https://www.econbiz.de/10009451311
There has been an on-going debate about choices of the most suitable model amongst a variety of model specifications and parameterizations. The first dissertation essay investigates whether asymmetric leptokurtic return distributions such as Hansen's (1994) skewed tdistribution combined with...
Persistent link: https://www.econbiz.de/10009451062
The normal distribution is a commonly seen distribution in nature, education, and business. Data that are mounded or bell shaped are easily found across various fields of study. Although there is high utility with the normal distribution; often the full range can not be observed. The truncated...
Persistent link: https://www.econbiz.de/10009456970
This study examines technical efficiency of Critical Access Hospitals (CAH) using a two-stage approach and bootstrap … second stage, efficiency scores are regressed on environmental variables using a truncated regression with bootstrap …. Alternatively, a double bootstrap procedure is used, where bias-corrected DEA efficiency scores, obtained by means of bootstrap in …
Persistent link: https://www.econbiz.de/10009446354
This paper examines the effects of farm characteristics and government policies in enhancing productivity growth for a sample of Greek farms, using a two-stage procedure. In the 1st-stage, non-parametric estimates of Malmquist index and its decompositions are computed, while a bootstrapping...
Persistent link: https://www.econbiz.de/10009446381
relative and absolute error variance across a variety of bootstrap procedures for each combination of conditions. It was found … suggested with respect to nested designs. This study provides support for the use of bootstrap procedures for estimating …
Persistent link: https://www.econbiz.de/10009466057
principles related to the expectation maximization (EM) algorithm and bootstrap methods. We formulate the criteria for three …
Persistent link: https://www.econbiz.de/10009466074
distribution of alpha by finite normal mixture model. We introduce the parametric bootstrap procedure to determine the number of …
Persistent link: https://www.econbiz.de/10009475300
(Rosenheck et al, 1997).In part III, we consider the combination of bootstrap and Bayes inferences. In the case of independent … identically distributed samples, the simple bootstrap yields confidence limits that are asymptotically correct to the first order … the bootstrap. A discrepancy statistic based on the difference of model and bootstrap estimates of variance is developed …
Persistent link: https://www.econbiz.de/10009476653