Search Results - subject:"Simulated Likelihood"

Calculation of Multivariate Normal Probabilities by Simulation, with Applications to Maximum Simulated Likelihood Estimation

Cappellari, Lorenzo; Jenkins, Stephen P. - 2006

for maximum simulated likelihood estimation. …

Persistent link: https://www.econbiz.de/10010260956

Calculation of multivariate normal probabilities by simulation, with applications to maximum simulated likelihood estimation

Cappellari, Lorenzo; Jenkins, Stephen P. - 2006

used for maximum simulated likelihood estimation. …

Persistent link: https://www.econbiz.de/10010267543

Estimation of multinomial logit models with unobserved heterogeneity using maximum simulated likelihood

Haan, Peter; Uhlendorff, Arne - 2006

simulated likelihood based on Halton sequences. The purpose of this paper is twofold. First, we describe the technical … integration methods. However, simulation is more time efficient. We find that maximum simulated likelihood leads to estimation …

Persistent link: https://www.econbiz.de/10009442791

Does rounding matter for payment efficiency?

Bijwaard, G.E.; Franses, Ph.H.B.F. - Erasmus University Rotterdam, Econometric Institute - 2006

denomination; Multivariate Poisson–log Normal; maximum simulated likelihood; JEL code: E51, C35, C15. 1 1 Introduction January 1 … Simulated Likelihood Estimation Simulation can lead to an estimator with the same distribution of the maximum likelihood … simulation based method. Munkin and Trivedi (1999) discuss the estimation by maximum simulated likelihood for a bivariate Poisson …

Persistent link: https://www.econbiz.de/10004972242

Does rounding matter for payment efficiency?

Bijwaard, Govert; Franses, Philip Hans - Faculteit der Economische Wetenschappen, Erasmus … - 2006

Theory predicts that dismissing the 1 and 2 euro cent coins from the denominational range of the euro leads to more payment efficiency. To examine whether this theory holds true in practice, we collected data for the Netherlands before and after September 1 2004, which marks the day that retail...

Persistent link: https://www.econbiz.de/10010731775

Estimation of Multinomial Logit Models with Unobserved Heterogeneity Using Maximum Simulated Likelihood

Haan, Peter; Uhlendorff, Arne - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2006

simulated likelihood based on Halton sequences. The purpose of this paper is twofold: First, we provide a description of the …

Persistent link: https://www.econbiz.de/10004963862

Calculation of Multivariate Normal Probabilities by Simulation, with Applications to Maximum Simulated Likelihood Estimation

Cappellari, Lorenzo; Jenkins, Stephen P. - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2006

for maximum simulated likelihood estimation. …

Persistent link: https://www.econbiz.de/10004963950

A Mata Geweke–Hajivassiliou–Keane multivariate normal simulator

Gates, Richard - In: Stata Journal 6 (2006) 2, pp. 190-213

An accurate and efficient numerical approximation of the multivariate normal (MVN) distribution function is necessary for obtaining maximum likeli- hood estimates for models involving the MVN distribution. Numerical integration through simulation (Monte Carlo) or number-theoretic (quasi-Monte...

Persistent link: https://www.econbiz.de/10004964303

Calculation of multivariate normal probabilities by simulation, with applications to maximum simulated likelihood estimation

Cappellari, Lorenzo; Jenkins, Stephen P. - In: Stata Journal 6 (2006) 2, pp. 156-189

Persistent link: https://www.econbiz.de/10004964310

Estimation of multinomial logit models with unobserved heterogeneity using maximum simulated likelihood

Haan, Peter; Uhlendorff, Arne - In: Stata Journal 6 (2006) 2, pp. 229-245

simulated likelihood based on Halton sequences. The purpose of this paper is twofold. First, we describe the technical …

Persistent link: https://www.econbiz.de/10004964311