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Estimating Euler Equations with Noisy Data: Two Exact GMM Estimators
Browning, Martin; Alan, Sule - Department of Economics, Oxford University - 2006
In this paper we exploit the specific structure of the Euler equation and develop two alternative GMM estimators that deal explicitly with measurement error. The first estimator assumes that the measurement error is lognormally distributed. The second estimator drops the distributional...
Persistent link: https://www.econbiz.de/10005047955
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Estimating Euler Equations with Noisy Data: Two Exact GMM Estimators
Alan, Sule; Attanasio, Orazio; Browning, Martin - Centre for Applied Microeconometrics (CAM), Økonomisk … - 2005
In this paper we exploit the specific structure of the Euler equation and develop two alternative GMM estimators that deal explicitly with measurement error. The first estimator assumes that the measurement error is lognormally distributed. The second estimator drops the distributional...
Persistent link: https://www.econbiz.de/10005749490
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Lebenszyklusorientiertes Management öffentlicher Liegenschaften am Beispiel von Hochschulen und Wissenschaftseinrichtungen
Alfen, Hans Wilhelm; Fischer, Katrin; Schwanck, Anke; … - Bauhaus-Universität Weimar, Faculty of Civil …
Erkenntnis, dass immobilienbezogene Entscheidungen langfristig über den gesamten Lebenszyklus zu treffen sind, damit ein …
Persistent link: https://www.econbiz.de/10011263014
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Saving and Terms of Trade Shocks: Evidence from Developing Countries
Reinhart, Carmen; Ostry, Jonathan - Volkswirtschaftliche Fakultät, … - 1992
The relationship between temporary terms of trade shocks and household saving in developing countries is examined. It is first shown that, from a theoretical standpoint, this relationship is ambiguous: private saving may rise or fall in response to a transitory terms of trade shock, depending on...
Persistent link: https://www.econbiz.de/10005621914
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Maximum score estimation of preference parameters for a binary choice model under uncertainty
Chen, Le-Yu; Sokbae 'Simon' Lee; Sung, Myung Jae - Centre for Microdata Methods and Practice (CEMMAP) - 2013
This paper develops maximum score estimation of preference parameters in the binary choice model under uncertainty in which the decision rule is affected by conditional expectations. The preference parameters are estimated in two stages: we estimate conditional expectations nonparametrically in...
Persistent link: https://www.econbiz.de/10010640964
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Fiscal Decentralisation and Local Level Gender Responsive Budgeting in Morocco: Some Observations
Rao, M. Govinda; Chakraborty, Lekha S. - eSocialSciences - 2006
budgetary reforms in Morocco through a gender lens. It goes on to explain the future directions of local level gender responsive …
Persistent link: https://www.econbiz.de/10005528340
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LO LOCAL VS. LO GLOBAL, ¿O LA SOBERANÍA COMPARTIDA?
Gómez, Mauricio Andrés Ramírez - In: Observatorio Iberoamericano del Desarrollo Local y la … (2007) 2
administrativo regional y local refuerza las tendencias centrífugas, al acercar a los ciudadanos al gobierno pero aumentar su …
Persistent link: https://www.econbiz.de/10005533029
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Fiscal Decentralisation and Local Level Gender Responsive Budgeting In The Philippines: An Empirical Analysis
Chakraborty, Lekha S. - eSocialSciences - 2006
With the strengthening of the fiscal decentralisation process in the Philippines, local government units (LGUs) were … provided with more opportunities in terms of local level gender responsive budgeting (hereafter LLGRB) and challenges as well …
Persistent link: https://www.econbiz.de/10005487592
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Developing A Quantitiative Framework For Determining Devolution Of Funds From The State Government To Local Bodies
Pethe, Abhay; Karnik, Ajit - eSocialSciences - 2005
This paper is concerned with devising an approach to intergovernmental transfers, from State Governments to Urban Local … level and those at the local government level we have adopted a three-stage strategy to operationalise our approach to … to employ certain other criteria to determine disbursement among each class of urban local governments, whether MC or MC …
Persistent link: https://www.econbiz.de/10005487809
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Devolving Development: Integrated Development Planning and Developmental Local Government in Post-apartheid South Africa
Binns, Tony; Nel, Etienne - In: Regional Studies 36 (2002) 8, pp. 921-932
's apartheid legacy. In addition, newly adopted principles of democratic participation and civic responsibility have made local … strengthen local government planning and administration, are to be undertaken through the twin concepts of 'development local …
Persistent link: https://www.econbiz.de/10005491681