Search Results - subject:"specification."

Model Specification Testing in Nonparametric and Semiparametric Time Series Econometric Models

Gao, Jiti; King, Maxwell - Econometric Society - 2004

We propose a simultaneous model specification procedure for the conditional mean and conditional variance in … nonparametric and semiparametric time series econometric models. An adaptive and optimal model specification test procedure is then … values. An example of implementation is given to show how to implement the proposed simultaneous model specification …

Persistent link: https://www.econbiz.de/10005063586

Determining the Optimum Process Mean of a One-sided Specification Limit with the Linear Quality Loss Function of Product

Chen, Chung-Ho - In: Journal of Applied Statistics 31 (2004) 6, pp. 693-703

for a one-sided specification limit. In this paper, we propose the modified Wen & Mergen (1999) cost model including the … linear quality loss function of a product for determining the optimal process mean of a one-sided specification limit. …

Persistent link: https://www.econbiz.de/10005639714

A note on the modelling of hyper-inflations

SALIES, Evens; MOFFATT, Peter - EconWPA - 2004

In time series macroeconometric models, the first difference in the logarithm of a variable is routinely used to represent the rate of change of that variable. It is often overlooked that the assumed approximation is accurate only if the rates of change are small. Models of hyper-inflation are a...

Persistent link: https://www.econbiz.de/10005556297

Real Time Econometrics

Pesaran, M Hashem; Timmermann, Allan G - C.E.P.R. Discussion Papers - 2004

This Paper considers the problems facing decision-makers using econometric models in real time. It identifies the key stages involved and highlights the role of automated systems in reducing the effect of data snooping. It sets out many choices that researchers face in construction of automated...

Persistent link: https://www.econbiz.de/10005791710

Regularity and Long-run Dynamics in Consumer Demand Systems

Kratena, Kurt; Wüger, Michael; Zakarias, Gerold - Österreichisches Institut für Wirtschaftsforschung (WIFO) - 2004

Persistent link: https://www.econbiz.de/10005031457

Estimating the Consumption-Capital Asset Pricing Model without Consumption Data: Evidence from Denmark

Rasmussen, Anne-Sofie Reng - Ehrvervøkonomisk Institut, Institut for Økonomi - 2004

> specification error measures generally imply small pricing errors. …

Persistent link: https://www.econbiz.de/10005839373

Testing growth theories: Time series evidence

Gundlach, Erich - 1992

derived under a very restrictive econometric framework. Using a more flexible specification that allows for conditional …

Persistent link: https://www.econbiz.de/10010330115

Testing growth theories: Time series evidence

Gundlach, Erich - Institut für Weltwirtschaft (IfW) - 1992

derived under a very restrictive econometric framework. Using a more flexible specification that allows for conditional …

Persistent link: https://www.econbiz.de/10009367367

Exchange Rates, Country Preferences, and Gold

Isard, Peter; Taylor, Mark P.; Dooley, Michael P. - International Monetary Fund (IMF) - 1992

This paper provides indirect tests of the hypothesis that exchange rate movements may be largely coterminus with changes in preferences for holding claims on different countries. It is argued that changes in country preferences will be reflected systematically in the price of gold and, hence,...

Persistent link: https://www.econbiz.de/10005826213

Developing reproducible and comprehensible computational models

Lane, P C R; Gobet, F - 2003

impossible. Previous authors have suggested that computer models should be developed using high-level specification languages or …

Persistent link: https://www.econbiz.de/10009465482