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calibration, and lead to only minor differences between the estimators employed. Finally, a simulation study confirms the …
Persistent link: https://www.econbiz.de/10011762435
, called 3CoSE, and show detailed simulation results and an application forecasting event times. The algorithm performs well in …
Persistent link: https://www.econbiz.de/10014357781
In explaining wage or income by personal attributes (e.g. educational attainment, age, and ethnicity) in a regression model, many researchers choose to use the log of wage or income as the dependent variable and then to estimate the unknown coefficients by some version of the least-squares...
Persistent link: https://www.econbiz.de/10010400717
Log-linear and log-log regressions are one of the most used statistical models. However, handling zeros in the dependent and independent variable has remained obscure despite the prevalence of the situation. In this paper, we discuss how to deal with this issue. We show that using Pseudo-Poisson...
Persistent link: https://www.econbiz.de/10012847974
Non-homogeneous post-processing is often used to improve the predictive performance of probabilistic ensemble forecasts. A common quantity to develop, test, and demonstrate new methods is the near-surface air temperature frequently assumed to follow a Gaussian response distribution. However,...
Persistent link: https://www.econbiz.de/10011847486
We introduce two neural network models designed for application in statistical learning. The mean-variance neural network regression model allows us to simultaneously model the mean and the variance of a response variable. In case of a two-dimensional response vector, the...
Persistent link: https://www.econbiz.de/10014104671
Recently, simulation methods combined with regression techniques have gained importance when it comes to American …
Persistent link: https://www.econbiz.de/10013118205
This paper considers models with latent/discrete endogenous regressors and presents a simulation-based two-step (STS …) estimator. The endogeneity is corrected by adopting a simulation-based control function approach. The first step consists of …
Persistent link: https://www.econbiz.de/10013126679
period from 1985-2006, so the sample is small, a bootstrap simulation is applied, to improve the estimations …
Persistent link: https://www.econbiz.de/10012715330
in latent-variable and other models estimated through simulation-based methods. In both re-parameterizations the …, and discusses the potential comparative advantages of using them in the context of regression modeling and simulation …
Persistent link: https://www.econbiz.de/10012756542