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One way the social scientists explain phenomena is by building structural models. These models are explanatory insofar as they manage to perform a recursive decomposition on an initial multivariate probability distribution, which can be interpreted as a mechanism. The social scientists should...
Persistent link: https://www.econbiz.de/10010927728
From data in the form of a two-way contingency table “Regions _ Sectors”, the concepts of specialization and concentration, built from the analysis of conditional distributions or profiles, is based on discrepancies among distributions: between profiles and a uniform distribution for...
Persistent link: https://www.econbiz.de/10010610465
It is widely agreed that, in establishing whether variable X causes variable Y, a third variable Z may confound the relation and thus hinder causal assessment. The solution developed within the ‘traditional’ framework is to control for any third variable, susceptible of confounding the...
Persistent link: https://www.econbiz.de/10010752808
Competing risks models are presented in the framework of single transition-multiple causes models. Particular attention is paid to general distributions of latent durations and to model identification problems, which are different from parameter identification problems. Implications for...
Persistent link: https://www.econbiz.de/10005008187
This work has been prepared as chapter 19 for the volume Econometrics of Panel Data (2nd ed., Matyas and Sevestre eds., Kluwer Academic Publishers). The main emphasis is on modelling whereas inference problems are only sketched. After a short review on the basic issues on marginal models (i.e....
Persistent link: https://www.econbiz.de/10005008300
Nowcasting regards the inference on the present realization of random variables, on the basis of information available until a recent past. This paper proposes a modelling strategy aimed at a best use of the data for nowcasting based on panel data with severe deficiencies, namely short times...
Persistent link: https://www.econbiz.de/10005008511
In this paper, we propose an empirical method to measure the market imperfection and the bargaining power of the agents, by extending the methods of frontier analysis. A case study in the field of freight transport illustrates the proposed method.
Persistent link: https://www.econbiz.de/10005008607
This paper surveys Bayesian procedures of testing along with different attitudes of econometricians facing testing problems with some sympathy for Bayesian ideas. In the first part, the general Bayesian testing procedures are structured along two main axes. The first one presents the usual...
Persistent link: https://www.econbiz.de/10005042806
We first analyse the general problem of admissible conditioning and next consider the evaluation of the loss of information when a non-admissible conditioning is used as an approximaton of the exact posterior distribution. Considering the case of Fisher test, we evaluate from a Bayesian point...
Persistent link: https://www.econbiz.de/10005042901
In this paper, minimal conditions under which a semi-parametric binary response model is identified in a Bayesian framework are presented and compared to the conditions usually required in a sampling theory framework.
Persistent link: https://www.econbiz.de/10005043191