proposes a simultaneous equation model based on the entropy econometrics estimator for recovering some key industrial subsector …

Solving problems related to econometrics requires a good knowledge of regression analysis concepts. The objective of …

’s understanding of investors’ behaviour that can be fruitfully extended to consumption theory, in a context in which consumers are …

proposed. These expectation adjustments generate highly heterogenous consumption responses to income windfalls: many households … previous explanations for these effects, including consumption adjustment cost and liquidity constraints. At the aggregate … level, consumption is less sensitive to expansionary policies during recessions and its excess smoothness varies …

The ordinary least squares (OLS) estimator for spatial autoregressions may be consistent as pointed out by Lee (2002 … unified asymptotic distribution result of the properly recentered OLS estimator and proposes a new estimator that is based on … the indirect inference (II) procedure. The resulting estimator can always be used regardless of the degree of aggregate …

This paper examines different approaches for assessing causality as typically followed in econometrics and proposes a …

An area of very active research in econometrics over the last 30 years has been that of non- and semi …