Showing 1 - 10 of 12,172
Persistent link: https://www.econbiz.de/10010493238
We propose a generic algorithm for numerically accurate likelihood evaluation of a broad class of spatial models characterized by a high-dimensional latent Gaussian process and non-Gaussian response variables. The class of models under consideration includes specifications for discrete choices,...
Persistent link: https://www.econbiz.de/10013036112
This paper proposes a novel two-stage approach to modeling health-related quality-of-life (HRQoL) outcomes. The approach allows a patient-centered interpretation by estimating regression coe fficients based on the multi-dimensional HRQoL profi le, but maintains the parsimony of the...
Persistent link: https://www.econbiz.de/10014153526
The aim of this paper is two-fold: (a) to establish a ‘map’ for describing the wide class of Limited Dependent Variables (LDV) univariate and multivariate models in the econometric literature and (b) to localize typical models in this tradition within the structure, extending typologies of...
Persistent link: https://www.econbiz.de/10009154852
In the last few decades, the study of ordinal data in which the variable of interest is not exactly observed but only known to be in a specific ordinal category has become important. In Psychometrics such variables are analysed under the heading of item response models (IRM). In Econometrics,...
Persistent link: https://www.econbiz.de/10015149529
In the last few decades, the study of ordinal data in which the variable of interest is not exactly observed but only known to be in a specific ordinal category has become important. In Psychometrics such variables are analysed under the heading of item response models (IRM). In Econometrics,...
Persistent link: https://www.econbiz.de/10015183313
In theory, innovation processes lie behind the evolution of national systems as they create interacting dynamics among organisations. Institutions and policies are considered means for influencing these interactive dynamics, such as shifting innovative focus from traditional to environmentally...
Persistent link: https://www.econbiz.de/10014143312
Persistent link: https://www.econbiz.de/10011894142
Today, one of the biggest challenges facing the UK is the new target set when the nation became first major economy to pass net zero emissions law, which requires the country to bring all greenhouse gas emissions to net zero by 2050. On the one hand, there are already a few ideas about how we...
Persistent link: https://www.econbiz.de/10012591631
We replicate and reanalyse the most influential study of microcredit impacts (Pitt and Khandker, 1998). That study was celebrated for showing that microcredit reduces poverty, a much hoped-for possibility (though one not confirmed by recent randomized controlled trials). We show that the...
Persistent link: https://www.econbiz.de/10013085413