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We use a subsample bootstrap method to get a consistent estimate of the asymptotically optimal choice of the …
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-generation process, the least-squares estimators have smaller bias (in fact zero bias) but larger variances in the long regression than … in the short regression. But if the long regression is also misspecified, the bias may not be smaller. We provide bias …
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Estimators of the extreme-value index are based on a set of upper order statistics. We present an adaptivemethod to choose the number of order statistics involved in an optimal way, balancing variance and biascomponents. Recently this has been achieved for the similar but somewhat less involved...
Persistent link: https://www.econbiz.de/10010342310
Geographically weighted small area methods have been studied in literature for small area estimation. Although these approaches are useful for the estimation of small area means efficiently under strict parametric assumptions, they can be very sensitive to outliers in the data. In this paper, we...
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the bias is larger for a more persistent factor. In such a case, bootstrap procedures are effective in reducing the bias … and bootstrap confidence intervals outperform naive asymptotic confidence intervals in terms of controlling the coverage …
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