Estimating ordered categorical variables using panel data: a generalized ordered probit model with an autofit procedure [PDF]
Estimation procedures for ordered categories usually assume that the estimated coefficients of independent variables do not vary between the categories (parallel-lines assumption).
Schmid, Andreas +2 more
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Computing Generalized Method of Moments and Generalized Empirical Likelihood with R [PDF]
This paper shows how to estimate models by the generalized method of moments and the generalized empirical likelihood using the R package gmm. A brief discussion is offered on the theoretical aspects of both methods and the functionality of the package ...
Pierre Chaussé
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Expansions of GMM statistics that indicate their properties under weak and/or many instruments and the bootstrap [PDF]
We construct higher order expressions for Wald and Lagrange multiplier (LM) GMM statistics that are based on 2step and continuous updating estimators (CUE).
Frank Kleibergen
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Estimation of Cost Allocation Coefficients at the Farm Level Using an Entropy Approach [PDF]
This paper aims to estimate the farm cost allocation coefficients from whole farm input costs. An entropy approach was developed under a Tobit formulation and was applied to a sample of farms from the 2004 FADN data base for Alentejo region, Southern ...
Rui Fragoso, Maria Leonor Carvalho
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Does the Frequency of Fog Affect the Structural Properties of Fagus orientalis in the Hyrcanian Forest? [PDF]
بومشناسی جنگلهای ایرانExtended Abstract Background: Oriental beech (Fagus orientalis Lipsky) is one of the well-known industrial species of Hyrcanian forests that spreads from the west to east of these forests.
Seyedeh Fatemeh Hosseini +4 more
doaj
Inference for high-dimensional sparse econometric models [PDF]
This article is about estimation and inference methods for high dimensional sparse (HDS) regression models in econometrics. High dimensional sparse models arise in situations where many regressors (or series terms) are available and the regression ...
Christian Hansen +2 more
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Composition of electricity generation portfolios, pivotal dynamics and market prices [PDF]
We use a simulation model to study how the diversification of electricity generation portfolios influences wholesale prices. We find that technological diversification generally leads to lower market prices but that the relationship is mediated by the ...
Albert Banal-Estañol +1 more
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Identifying the New Keynesian Phillips curve [PDF]
Phillips curves are central to discussions of inflation dynamics and monetary policy. New Keynesian Phillips curves describe how past inflation, expected future inflation, and a measure of real marginal cost or an output gap drive the current inflation ...
Gregor W. Smith, James M. Nason
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Generalized Hyperbolic Distributions and Brazilian Data [PDF]
The aim of this paper is to discuss the use of the Generalized Hyperbolic Distributions to fit Brazilian assets returns. Selected subclasses are compared regarding goodness of fit statistics and distances.
Aquiles Farias, José Fajardo
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Regularization Paths for Generalized Linear Models via Coordinate Descent [PDF]
We develop fast algorithms for estimation of generalized linear models with convex penalties. The models include linear regression, two-class logistic regression, and multi- nomial regression problems while the penalties include âÂÂ_1 (the lasso), à ...
Trevor Hastie +2 more
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