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We consider the partially linear model relating a response Y to predictors (X,T) with mean function XT ß + g (T) when the X's are measured with additive error. The semiparametric likelihood estimate of Severini and Staniswalis (1994) leads to biased estimates of both the parameter ß and the...
Persistent link: https://www.econbiz.de/10010310770
We consider the partially linear model relating a response Y to predictors (X,T) with mean function XT ß + g (T) when the X's are measured with additive error. The semiparametric likelihood estimate of Severini and Staniswalis (1994) leads to biased estimates of both the parameter ß and the...
Persistent link: https://www.econbiz.de/10010983828
Finding the “best-fitting” circle to describe a set of points in two dimensions is discussed in terms of maximum likelihood estimation. Several combinations of distributions are proposed to describe the stochastic nature of points in the plane, as the points are considered to have a common,...
Persistent link: https://www.econbiz.de/10010998449
The paper is organized in four chapters. The first describes the methodological framework of the investigation, insisting on defining the sectoral changes and the relative prices, as well as on their interaction (as expectations and as real processes); the theoretical considerations are...
Persistent link: https://www.econbiz.de/10004976934
Earthquake catalogues which form the main input in seismic hazard analysis generally report earthquake magnitudes in different scales. Magnitudes reported in different scales have to be converted to a common scale while compiling a seismic data base to be utilized in seismic hazard analysis....
Persistent link: https://www.econbiz.de/10010995875
The central argument of this paper is that both - internal and external - equilibria should be taken into account in the estimation of potential output. If only the data on inflation, unemployment rate, and wages are used for its evaluation, no certainty exists that such a level will correspond...
Persistent link: https://www.econbiz.de/10005772616
We propose a robust estimator in the errors-in-variables model using the least trimmed squares estimator. We call this estimator the orthogonal least trimmed squares (OLTS) estimator. We show that the OLTS estimator has the high breakdown point and appropriate equivariance properties. We develop...
Persistent link: https://www.econbiz.de/10005639665
The central argument of this paper is that both - internal and external - equilibria should be taken into account in the estimation of potential output. If only the data on inflation, unemployment rate, and wages are used for its evaluation, no certainty exists that such a level will correspond...
Persistent link: https://www.econbiz.de/10005272654
The central point of this paper is that both - internal and external - equilibria ought to be involved in the estimation of potential output. If only the data on inflation, unemployment rate and wages are used for its evaluation, no certainty exists that such a level will correspond to a stable...
Persistent link: https://www.econbiz.de/10009401351
Persistent link: https://www.econbiz.de/10010678665