In this paper we analyze the influence of observed and unobserved initial values on the bias of the conditional maximum … second-order bias of d as a function of the initial values, X_t, t=-N_0+1,…,N, and we investigate the effect on the bias of … setting aside the first N observations as initial values. We compare d with an estimator, d_c, derived similarly but by …

likelihood estimator of $d$ conditional on initial values, and we discuss the role of the initial values for the bias. The …

on initial values, and we discussthe role of the initial values for the bias. The results are partially extended to other …

The Wooldridge method is based on a simple and novel strategy to deal with the initial values problem in the nonlinear … comparison with an ideal case in which the initial values are known constants, the worst scenario based on exogenous initial … values assumption, and the Heckman's reduced-form approximation method which is widely used in the literature. The dynamic …

The Wooldridge method is based on a simple and novel strategy to deal with the initial values problem in the nonlinear … comparison with an ideal case in which the initial values are known constants, the worst scenario based on exogenous initial … values assumption, and the Heckman's reduced-form approximation method which is widely used in the literature. The dynamic …