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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
Across many fields in economics, a common approach to estimation of economic models is to calibrate a sub-set of model parameters and keep them fixed when estimating the remaining parameters. Calibrated parameters likely affect conclusions based on the model but estimation time often makes a...
Persistent link: https://www.econbiz.de/10012835737
We consider inference in models defined by approximate moment conditions. We show that near-optimal confidence intervals (CIs) can be formed by taking a generalized method of moments (GMM) estimator, and adding and subtracting the standard error times a critical value that takes into account...
Persistent link: https://www.econbiz.de/10012892420
We consider inference in models defined by approximate moment conditions. We show that near-optimal confidence intervals (CIs) can be formed by taking a generalized method of moments (GMM) estimator, and adding and subtracting the standard error times a critical value that takes into account...
Persistent link: https://www.econbiz.de/10012895664
Pagan and Shannon's (1985) widely used approach employs local linearizations of a system of non-linear equations to obtain asymptotic distributions for the endogenous parameters (such as prices) from distributions over the exogenous parameters (such as estimates of taste, technology, or policy...
Persistent link: https://www.econbiz.de/10005370716
Improving the energy efficiency of building stock, commercial equipment, and household appliances can have a major positive impact on energy use, carbon emissions, and building services. Sub-national regions such as the U.S. states wish to increase energy efficiency, reduce carbon emissions, or...
Persistent link: https://www.econbiz.de/10011100064
Although the literature on the effectiveness of child care centers in developing countries is thin, most of the studies have concluded that the provision of these services are beneficial to enhance the development of poor children at early ages. Using different matching techniques, the results...
Persistent link: https://www.econbiz.de/10010326146
rural households of north-western Bangladesh using a quasi-experimental analysis. A government organization - the Barindra …
Persistent link: https://www.econbiz.de/10011588704
This paper examines the effect of remittances on household expenditure patterns applying propensity score matching methods that allow designing and analyzing observational data and enable reducing selection bias. We use data from the Nepal Living Standards Survey 2010/2011. In general,...
Persistent link: https://www.econbiz.de/10012009770
Women in developing countries face challenges in terms of managing their menstrual hygiene. Oftentimes they do not possess the right means nor materials nor have access to the right facilities. Using a newly released dataset for Burkina Faso and propensity score matching, we provide for the...
Persistent link: https://www.econbiz.de/10011951316