Có 40+ tài liệu thuộc chủ đề "Cân bằng tài chính"
tailieu.vn Xem trực tuyến Tải xuống
Because of the smallness of the samples available to the. B, and r is that certain elements of these matrices are zero, representing the assumption that each endogenous variable is directly dependent (in a causal sense) on only a few of the other variables in the model.. A more realistic interpretation of the general simultaneous equations model is that it...
tailieu.vn Xem trực tuyến Tải xuống
For the purpose of forecasting, this model may have an advantage over the standard regression model in utilizing the estimates of the most up-to-date coefficients. From the viewpoint of hypothesis testing, this model serves as a viable alternative to the standard regression model for the purpose of checking the constancy of the coefficients of the latter model.. Section 3 contains...
tailieu.vn Xem trực tuyến Tải xuống
Suppose that t = 1 is the first period of the individual’s (economic) life. The power of the procedure is that it places no restrictions on the conditional distribution of c given x. Suppose that t = 1 is the initial period of the individual’s (economic) life. w;) in the distance function. We want to find a vector of the...
tailieu.vn Xem trực tuyến Tải xuống
This definition has no particular implication for the ultimate identifiability of the parameters of the structural model itself. Usage of the term “independent” variable as contrasted with. But the variance of the measurement error remains hopelessly entangled with that of the disturbance term.. Equation (1.3) is the heart of the model, and we shall assume E( VilEi. These covariances are...
tailieu.vn Xem trực tuyến Tải xuống
24: Qualitative Response Models 1397 F(y - xplx), up to the unknown parameters /3 and parameters of the distribution F. (2.10) the question of the ap- of the data x in a logit. Solution of the normal equation (2.12) usually requires an iterative procedure. and ln(1 - F(x,p)) are needed in the tails of the distribution.. The largest component of...
tailieu.vn Xem trực tuyến Tải xuống
Introduction: Data and econometricians - the uneasy alliance Then the officers of the children of Israel came and cried. Many a question remains unresolved because of “multicollinearity” or other sins of the data. Since they permeate much of econometrics, there is quite a bit of overlap with some of the other chapters in the Handbook. In fact, much of the...
tailieu.vn Xem trực tuyến Tải xuống
Compatibility of the criteria for the selection of functional forms. The functional form problem that we consider is the ex ante choice of the algebraic form of the function f( X. Almost always a functional form chosen is linear in parame- ters, after a transformation of the dependent variable if necessary. It has the constant-elasticity property with the advantage that...
tailieu.vn Xem trực tuyến Tải xuống
Limiting properties and distribution of the ML estimator 2.6. Limiting distribution of the ML estimator 3.6. This is intended to be an account of certain salient themes of the Limited Dependent Variable (LDV) literature. In the instance of the former the choice to be modelled is going to college or not. in the case of the latter we need to...
tailieu.vn Xem trực tuyến Tải xuống
Estimation of the switching regression model:. Estimation of the switching regression model with imperfect sample separation information. The meaning of the price adjustment equation. Modifications in the specification of the demand and supply functions 6.3. The validity of the “Mm” condition. Since then Quandt (1982) has presented a survey of disequilibrium models and Maddala (1983a) has treated self-selection and disequilibrium...
tailieu.vn Xem trực tuyến Tải xuống
In terms of the survivor function we may write the density g(t) as. which postulates that the log of the conditional hazard is linear in functions of t, x and 8 and that. In this section of the paper, we present three examples of duration models produced by economic choice models. Examples A and B contain most of the essential...
tailieu.vn Xem trực tuyến Tải xuống
Nor have I attempted to separate the economic from the statistical aspects of the subject. The layout of the chapter is as follows. There is also a brief discussion of the econometric issues that arise when consumers face non-linear budget constraints. This translates immediately into quasi-con- cavity of the utility function u(q), i.e. The n-dimensional analogue of the utility function...
tailieu.vn Xem trực tuyến Tải xuống
Overview of the paper 1847. Similarly, measures of technical change can be specified in terms of the response of these patterns to changes in technology. The bias of technical change is the response of the share of an input in the value of output to a change in the level of technology. The shares of each input in the value...
tailieu.vn Xem trực tuyến Tải xuống
Applications of the index function model. All of the recent models presented in labor econometrics are special cases of an index function model. A variety of models that are special cases of the reservation wage framework will be presented below in Section 3.. and Part 3 makes the discussion concrete by presenting a series of models in labor economics that...
tailieu.vn Xem trực tuyến Tải xuống
This is background material for the rest of the chapter. Section 5 discusses a method that I have recently developed that attempts to handle these problems, a method based on successive reestimation and stochastic simulation of the model. A “static” simulation is one in which the actual values of the predetermined variables are used for the solution each period. A...
tailieu.vn Xem trực tuyến Tải xuống
This method is used in time series analysis to convert stochastic difference equations into deterministic difference equations in the coefficients of the infinite moving average representation. The difference equations in the coefficients have exactly the same form as a determin- istic version of the original model, so that the method can make use of techniques available to solve deterministic difference...
tailieu.vn Xem trực tuyến Tải xuống
The main criticism comes from monetarists, who focus on versions of the quantity theo_ry of money, from advocates of the theory of rational expectations, and more recently from supply side economists. therefore, trade/payments policies are also part of the complement known as macro policy.. By structural policy I mean policies that are aimed at specific segments of the economy, specific...
tailieu.vn Xem trực tuyến Tải xuống
Consistent asymptotic variance estimators are given to enable approxi- mation of the asymptotic distribution. The variance I/ of the limiting distribution is referred to as the asymptotic variance of. Asymptotic normality and a consistent estimator of the asymptotic variance can be used to construct approximate confidence intervals. Uniform convergence and continuity of the limiting function are also important.. Uniform convergence...
tailieu.vn Xem trực tuyến Tải xuống
‘This paper is a substantial revision of the first part of the paper Andrews (1989). In the first part of the paper, key terminology and results are introduced and discussed heuristicallỵ Applications in the econometrics literature are briefly reviewed. The second part of the paper shows how one can verify a key property called stochastic equicontinuitỵ The paper takes several...
tailieu.vn Xem trực tuyến Tải xuống
2.4, Properties of the kernel density estimator 2303. It was financed, in part, by contract No 26 of the programme “P81e d’attraction interuniversitaire” of the Belgian government.. Although economic theory generally provides only loose restrictions on the distribution of observable quantities, much econometric work is based on tightly specified parametric models and likelihood based methods of inferencẹ Under regularity conditions,...
tailieu.vn Xem trực tuyến Tải xuống
A brief account is given of the methodology and theory for the bootstrap.. Methodology is developed in the context of the “equation” approach, which allows attention to be focussed on specific criteria for excellence, such as coverage error of a confidence interval or expected value of a bias-corrected estimator. This approach utilizes a definition of the bootstrap in which the...