Heinen, Florian; Michael, Stefanie; Sibbertsen, Philipp - Wirtschaftswissenschaftliche Fakultät, Leibniz … - 2011
Determining good parameter estimates in ESTAR models is known to be diffcult. We show that the phenomena of getting strongly biased estimators is a consequence of the so-called identifcation problem, the problem of properly distinguishing the transition function in relation to extreme parameter...