Showing 1 - 10 of 39
Persistent link: https://www.econbiz.de/10001544713
Persistent link: https://www.econbiz.de/10002179262
Persistent link: https://www.econbiz.de/10002236057
Two classes of quantile regression estimation methods for the recursive structural equation models of Chesher (2003) are investigated. A class of weighted average derivative estimators based directly on the identification strategy of Chesher is contrasted with a new control variate estimation...
Persistent link: https://www.econbiz.de/10010318553
Estimation of the derivative of the log density, or score, function is central to much of recent work on adaptive estimation of econometric models. Most existing score function estimation methods approach the problem by differentiating the logarithm of an estimated density function, such as the...
Persistent link: https://www.econbiz.de/10009477704
The strong consistency of regression quantile statistics (Koenker and Bassett [4]) in linear models with iid errors is established. Mild regularity conditions on the regression design sequence and the error distribution are required. Strong consistency of the associated empirical quantile...
Persistent link: https://www.econbiz.de/10008739369
Persistent link: https://www.econbiz.de/10005192300
Persistent link: https://www.econbiz.de/10005130656
This paper generalizes a model of monopolistic competition attributable to Spence (1976). Firms produce symmetrically differentiated products with declining or U-shaped average costs. Free entry drives profits to zero in equilibrium. Spence finds that when firms behave "competitively," in a...
Persistent link: https://www.econbiz.de/10005551061
Persistent link: https://www.econbiz.de/10000968422