) under the assumption of normal errors when the conditional mean of the outcome variable is constrained only by nonparametric … smoothness and/or shape restrictions. When the conditional mean is restricted to be Lipschitz with a large enough bound on the …

mean of the outcome variable, we derive estimators and confidence intervals (CIs) that are optimal infinite samples when the … conditional mean. We also derive the minimum smoothness conditions on the conditional mean that are necessary for √n …-inference. When the conditional mean is restricted to be Lipschitz with a large enough bound on the Lipschitz constant, the optimal …

für eine genaue Bewertung voraus. Als Alternative bietet sich bei kurzen Datenhistorien Bootstrapping an. Diese Methode … verfügbarer Perioden Bootstrapping und eine WaldKonfidenzregion zu einer vergleichbaren Bewertung des Kreditrisikos gelangen. Die … region for a short credit history is bootstrapping. Hence, it could be more appropriate to assess estimation uncertainty with …