Download or read book Estimation of Disequilibrium Models Using the MGF and CF Estimators written by Kaddour Hadri and published by . This book was released on 1993 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Estimation of Disequilibrium Models written by Hans-Jürg Büttler and published by Springer Science & Business Media. This book was released on 2013-03-08 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt: This monograph grew out of a project which was sponsored by the Swiss National Foundation ("Schweizerischer Nationalfonds") under grant no. 4. 636-0. 83. 09. Yithin this project, prediction-oriented estimation methods for the canonical econometric disequilibrium model were developed. The present monograph deals with the application of these estimation techniques to three aggregative markets of the Swiss economy. Parts of the monograph have been presented at various places: the estimation techniques described in chapter 3 at the European Meeting of the Econometric Society, Madrid 1984; the application to residential investment described in chapter 4 at a symposium on housing policy at the University of Mannheim, 1984; the empirical study on the money stock described in chapter 5 at the Symposium on Money, Banking and Insurance held at the University of Karlsruhe, 1984, as well as at a joint seminar of the University of Basle and the Bank for International Settlements (BIS), 1985; and, finally, the empirical study on the aggregate labor market described in chapter 6 at a seminar of the University of ZUrich, 1985. Comments from toe seminar participants, in particular from Palle S. Andersen (BIS) who served as a discussant, Pascal Bridel (Swiss National Bank, SNB), Franz Ettlin (SNB), and Kurt Schiltknecht (Nordfinanz-Bank, Zurich) are gratefully acknowledged, without implying any responsibility on their part. The methodological part described in chapters 2 and 3 is contributed by G. Frei and B.

Download or read book A Framework for Estimating Disequilibrium Models with Many Markets written by Leif Andreassen and published by . This book was released on 1995 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Estimation of Macroeconomic Disequilibrium Models with Regime Classification Information written by Glenn D. Rudebusch and published by Springer. This book was released on 1987 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Theory and Applications of Disequilibrium Econometrics written by Mark Russell Upcher and published by . This book was released on 1980 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Generalized Economic Models and Methods for Markets in Disequilibrium written by Walter James Mayer and published by . This book was released on 1986 with total page 178 pages. Available in PDF, EPUB and Kindle. Book excerpt: Empirical studies of markets in disequilibrium have relied on the appropriateness of explicit price adjustment equations, serial independence, normally distributed errors, and explicit equations relating the observed quantity transacted to desired supply and demand. For example, the asymptotic properties of "disequilibrium" estimators and test statistics are sensitive to the parametric forms chosen for price adjustment, the serial behavior of the observations, error distributions, and the quantity transacted. In a word, "disequilibrium" estimators and statistics are non-robust. Unfortunately, economic theory provides little basis for choosing the parametric forms. A lack of economic-theoretic restrictions coupled with non-robust estimators and statistics has severely limited empirical studies of markets in disequilibrium. This dissertation develops new methods for more meaningful estimation of disequilibrium models. The new methods involve more general models and robust estimators. A switching regression model with imperfect sample separation is used to incorporate price adjustment into a disequilibrium model. The model enables price adjustment to be incorporated with less a prior information than usual. To estimate the model, maximum likelihood and least squares estimators are proposed. The asymptotic properties of the maximum likelihood estimator are examined. Previous results for maximum likelihood estimators of disequilibrium models are generalized with asymptotic theory for serially dependent observations. The maximum likelihood estimator is shown to be consistent and asymptotically normal even if the data are characterized by unknown forms of serial dependence. Asymptotic test statistics are also derived. The methodology is illustrated with an empirical application to the U.S. commercial loan market from 1979 to 1984. Finally, I propose semiparametric models and estimators for markets in disequilibrium. These methods are applicable when the error distributions are unknown, and the quantity transacted is an unknown function of supply and demand. Consistent estimators are derived using the method of maximum score.

Download or read book Estimation in Disequilibrium Models with Aggregation written by Richard E. Quandt and published by . This book was released on 1986 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Simulated Efficient Estimation of Dynamic Multi market Disequilibrium Models written by Lung-fei Lee and published by . This book was released on 1997 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Limited Information Methods for Estimating Disequilibrium Models with a Stochastic Price Adjustment Equation written by Anjum Nasim and published by . This book was released on 1984 with total page 17 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Using Equilibrium Models on Disequilibrium Data written by Christopher Martin and published by . This book was released on 1987 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Estimation of Disequilibrium Models with Dispersed Trading written by Christopher Martin and published by . This book was released on 1989 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Using Equilibrium Models on Disequilibrium Data written by Christopher Martin (economist.) and published by . This book was released on 1987 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Estimation of Disequilibrium Models with Autocorrelated Disturbances written by Behara Bhaskara Rao and published by . This book was released on 1987 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Problems in the Formulation and Estimation of Disequilibrium Models written by V. L. Martin and published by . This book was released on 1982 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Estimating the Canonical Disequilibrium Model written by Bernard Salanié and published by . This book was released on 1990 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Index to Theses with Abstracts Accepted for Higher Degrees by the Universities of Great Britain and Ireland and the Council for National Academic Awards written by and published by . This book was released on 1995 with total page 600 pages. Available in PDF, EPUB and Kindle. Book excerpt: Theses on any subject submitted by the academic libraries in the UK and Ireland.

Download or read book Statistical Modelling and Latent Variables written by Klaus Haagen and published by North Holland. This book was released on 1993 with total page 376 pages. Available in PDF, EPUB and Kindle. Book excerpt: Statistical methods based on models with latent variables play an important role in the analysis of multivariate data. The subject can be approached theoretically or in an empirical, pragmatic way. The statistical problem is to make inferences about the latent variables and the relationships between them. Errors-in-variables models, factor analysis and latent structure models are all examples of this approach. This volume presents a selection of invited and contributed papers which address the problems involved in developing a unifying statistical theory for latent variable models.