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Keynesian model and develop an estimation methodology for the canonical Smets and Wouters (2007) model. A horse race between … account in the estimation. As a policy application, we show that optimal Taylor rules under AR(1) expectations inherit history …
Persistent link: https://www.econbiz.de/10014536990
We use administrative data for Norway to estimate an incomplete-market life-cycle model of retired singles and couples with a bequest motive, health-dependent utility, and uncertain longevity and health. We allow the parameters of the bequest utility to differ between households with and without...
Persistent link: https://www.econbiz.de/10014581860
prediction, estimation and control. Generalized Linear Models and Partial Likelihood are the basic tools in the present study … rainfall data. Subsequently we discuss a new recursive estimation method for time series following generalized linear models …, motivated by the logistic regression model in conjunction with binary time series. The estimation procedure, suitably modified …
Persistent link: https://www.econbiz.de/10009450679
estimation error and a communication cost. In our formulation, the transmission of a real number from the pre-processor to the …
Persistent link: https://www.econbiz.de/10009450757
This thesis focuses on two statistical problems related to credit scoring. In credit scoring of individuals, two classes are distinguished, namely low and high risk individuals (the so-called "good" and "bad" risk classes). Firstly, we suggest a measure which may be used to study the nature of a...
Persistent link: https://www.econbiz.de/10009455950
This study looked at what components are in student solutions to computational estimation problems involving fractions …. Past computational estimation research has focused on strategies used for estimating with whole numbers and decimals while … with fractions (Hanson & Hogan, 2000) that researched adult estimation strategies and not children’s strategies. Given the …
Persistent link: https://www.econbiz.de/10009456725
Parameter estimation for large systems is a difficult problem, and the solution approaches are computationally … uncertainties on the system response. This article compares two new computational approaches for parameter estimation based on the … polynomial chaos theory for parameter estimation: a Bayesian approach, and an approach using an extended Kalman filter (EKF) to …
Persistent link: https://www.econbiz.de/10009457571
cases of this method exist in the literature including U and generalized L-statistics. This estimation technique is based on …
Persistent link: https://www.econbiz.de/10009463989
Persistent link: https://www.econbiz.de/10000001686
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