Search Results - subject:"latent variable"

An expectation-maximization algorithm to estimate the integrated choice and latent variable model

Sohn, Keemin - In: Transportation science : a journal of the Institute for … 51 (2017) 3, pp. 946-967

Persistent link: https://www.econbiz.de/10011744063

The Migrant Health Gap and the Role of Labour Market Status: Evidence from Switzerland

Rellstab, Sara; Pecoraro, Marco; Holly, Alberto; … - 2016

With more than a fifth of the population being foreign citizens, Switzerland offers an ideal case to study the migrant health gap and the role of labour market status on the migrants' health. This paper examines the potential health gaps between Swiss nationals and different migrant groups (from...

Persistent link: https://www.econbiz.de/10011957734

Forecasting Macedonian Business Cycle Turning Points Using Qual Var Model

Petrovska, Magdalena; Krstevska, Aneta; Naumovski, Nikola - In: Journal of Central Banking Theory and Practice 5 (2016) 3, pp. 61-78

This paper aims at assessing the usefulness of leading indicators in business cycle research and forecast. Initially we test the predictive power of the economic sentiment indicator (ESI) within a static probit model as a leading indicator, commonly perceived to be able to provide a reliable...

Persistent link: https://www.econbiz.de/10012217837

Forecasting Macedonian business cycle turning points using Qual VAR model

Petrovska, Magdalena; Krstevska, Aneta; Naumovski, Nikola - 2016

This paper aims to assess the usefulness of leading indicators in business cycle research and forecast. Initially we test the predictive power of the ESI within a static probit model as a leading indicator, commonly perceived to be able to provide a reliable summary of the current economic...

Persistent link: https://www.econbiz.de/10011785363

Estimating the Technology of Children's Skill Formation

Agostinelli, Francesco - 2016

We develop a new estimator for the process of children's skill formation in which children's skills endogenously develop according to a dynamic latent factor structure. Rather than assuming skills are measured perfectly by a particular measure, we accommodate the variety of skills measures used...

Persistent link: https://www.econbiz.de/10012456235

Identification of Dynamic Latent Factor Models : The Implications of Re-Normalization in a Model of Child Development

Agostinelli, Francesco - 2016

A recent and growing area of research applies latent factor models to study the development of children's skills. Some normalization is required in these models because the latent variables have no natural units and no known location or scale. We show that the standard practice of...

Persistent link: https://www.econbiz.de/10012456236

Handling Excess Zeros in Count Models for Recreation Demand Analysis Without Apology

Martinez-Cruz, Adan L. - 2016

Hurdle and zero-inflated models are the two foremost methods used to deal with excess zeros. However, their reliance on the nonparticipation assumption is a drawback when applied to recreation demand analysis because there is not a theoretical framework convincingly explaining presence of...

Persistent link: https://www.econbiz.de/10012985784

Estimating the Technology of Children's Skill Formation

Agostinelli, Francesco - 2016

In this paper we study the process of children's skill formation. The identification of this process is challenging because children's skills are observed only through arbitrarily scaled and imperfect measures. Using a dynamic la- tent factor structure, we provide new identification results...

Persistent link: https://www.econbiz.de/10012986290

Identification of Dynamic Latent Factor Models : the Implications of Re-Normalization in a Model of Child Development

Agostinelli, Francesco - 2016

Persistent link: https://www.econbiz.de/10012986291

Applications of Multivariate Latent Variable Models in Marketing

DeSarbo, Wayne S.; Kamakura, Wagner A.; Wedel, Michel - 2016

Paul Green, writing with Carmone and Wachpress (1976), was among the first scholars to introduce latent variable models … of these techniques in depth. Latent variable models have since become important tools for the analysis of multivariate … data in marketing. In this chapter, we consider some more recent marketing applications of latent variable models based on …

Persistent link: https://www.econbiz.de/10014126890