Search Results - subject:"nonparametric estimation"

Angelo, Mele - Volkswirtschaftliche Fakultät, … - 2009

results for this family of indices, I apply the idea to US Census data, using nonparametric estimation techniques. This …

Persistent link: https://www.econbiz.de/10005014708

Distribution of Wealth and Incomplete Markets: Theory and Empirical Evidence

Marsili, Davide Fiaschi - Matteo - Dipartimento di Economia e Management, Università … - 2009

This paper analyzes the equilibrium distribution of wealth in an economy where firms’ productivities are subject to idiosyncratic shocks, returns on factors are determined in competitive markets, dynasties have linear consumption functions and government imposes taxes on capital and labour...

Persistent link: https://www.econbiz.de/10005769614

Blaming the exogenous environment? Conditional efficiency estimation with continuous and discrete exogenous variables

De Witte, Kristof; Mika, Kortelainen - Volkswirtschaftliche Fakultät, … - 2009

This paper proposes a fully nonparametric framework to estimate relative efficiency of entities while accounting for a mixed set of continuous and discrete (both ordered and unordered) exogenous variables. Using robust partial frontier techniques, the probabilistic and conditional...

Persistent link: https://www.econbiz.de/10005619412

Uniform Consistency for Nonparametric Estimators in Null Recurrent Time Series

GAO, Jiti; Li, Degui; Tjostheim, Dag - School of Economics, University of Adelaide - 2009

This paper establishes several results for uniform convergence of nonparametric kernel density and regression estimates for the case where the time series regressors concerned are nonstationary nullÂ–recurrent Markov chains. Under suitable conditions, certain rates of convergence are also...

Persistent link: https://www.econbiz.de/10008542611

Does education engender cultural values that matter for economic growth?

Bangwayo-Skeete, Prosper F.; Rahim, Afaf H.; Zikhali, … - Volkswirtschaft Abteilung, Fachbereich … - 2009

Empirical research has shown that cultural values matter for economic growth and has specifically identified the achievement motivation as an aspect of culture that engenders economic growth. If specific cultural values engender economic growth, how then can societies promote them? This paper...

Persistent link: https://www.econbiz.de/10008552452

Nonparametric Beta Kernel Estimator for Long Memory Time Series

Bouezmarni, Taoufik; Van Bellegem, Sébastien - Institut d'Économie Industrielle (IDEI), Toulouse … - 2009

The paper introduces a new nonparametric estimator of the spectral density that is given in smoothing the periodogram by the probability density of Beta random variable (Beta kernel). The estimator is proved to be bounded for short memory data, and diverges at the origin for long memory data....

Persistent link: https://www.econbiz.de/10008492572

Supplement to "Quantile-Based Nonparametric Inference for First-Price Auctions"

Marmer, Vadim; Shneyerov, Artyom - Vancouver School of Economics - 2009

This paper contains supplemental materials for Marmer and Shneyerov (2010). We discuss here how the approach developed in the aforementioned paper can be applied to conducting inference on the optimal reserve price in first-price auctions, report additional simulations results, and provide a...

Persistent link: https://www.econbiz.de/10008519517

Nonlinear dynamics in welfare and the evolution of world inequality

Fiaschi, Davide; Romanelli, Marzia - Banca d'Italia - 2009

The paper proposes a measure of countries' welfare based on individuals' lifetime utility and applies it to a large sample of countries in the period 1960-2000. Even though welfare inequality across countries appeared stable, the distribution dynamics points out the emergence of three clusters....

Persistent link: https://www.econbiz.de/10008527058

Testing Conditional Factor Models

Kristensen, Dennis; Ang, Andrew - School of Economics and Management, University of Aarhus - 2009

. Keywords: factor models; time-varying loadings; nonparametric estimation; kernel methods; testing. JEL Classif cation: C12, C13 … rate as T ! 1. Our model falls into a large statistics literature on nonparametric estimation of regression models with … kernel by nonparametric estimation. Brandt (1999) and Brandt and A�t-Sahalia (2007) present applications of nonparametric …

Persistent link: https://www.econbiz.de/10005198853

SNM Guide

Creel, Michael; Kristensen, Dennis - Departament d'Economia i Història Econòmica, … - 2009

This is a guide that explains how to use software that implements the simulated nonparametric moments (SNM) estimator proposed by Creel and Kristensen (2009). The guide shows how results of that paper may easily be replicated, and explains how to install and use the software for estimation of...

Persistent link: https://www.econbiz.de/10008574593