in intertemporal preferences between wife and husband. The identification and estimation results are important for at …

We consider nonparametric identification and estimation of pricing kernels, or equivalently of marginal utility … estimation with the computation of a matrix eigenvector problem. Our estimator avoids the ill-posed inverse issues associated …

accumulation in a structural life-cycle model. We use two complementary estimation strategies: first, we estimate the Euler equation … substantially higher than without temptation. Finally, our Method of Simulated Moments estimation is able to match well the life … the importance of temptation are robust to the different estimation strategies. …

are estimated, GMM estimators are almost always used. We examine the validity of using likelihood based estimation in this …

I papiret undersøges anvendeligheden af en ikke-parametrisk metode, en såkaldt regression spline, til estimation af …. This approach complements existing methods by relaxing a number of strong requirements on the part of the theory, otherwise … regression theory, the proposed method is somewhat data intensive. We use our proposed method to estimate the marginal propensity …