[PDF] Top 20 Three Essays in Econometric Methods

... selection methods are based on shrinkage ...the three moment selection criteria based on their optimality properties, such as the oracle property, and good finite sample ... See full document

... Statistical methods to estimate and determine the number of factors can be classified into three categories: the maximum likelihood estimation method, the principal com- ponent analysis, and the minimum ... See full document

... Although the validity of statistical inference in DSGE models has been questioned due to identification deficiencies (see for e.g. Beyer and Farmer [2004], Canova and Sala [2009]), there are relatively few papers in the ... See full document

... global methods. Global methods simply mean that one solves for the policy functions in the whole state ...These methods are suitable for cases in which the policy functions have ...local ... See full document

... child mortality has generated a substantial literature, encompassing a variety of study designs. Several studies have relied on cross-sectional analysis of data from verbal autopsy to investigate the proportion of deaths ... See full document

... Thirdly, this study employs the methodology of both Arena et al. (2008) and McLean (2010) to test the robustness of the relationship between IV and momentum returns with different methods of estimating IV and ... See full document

... The first chapter in this thesis examines whether short-term variation in the ranking of size and style index returns in the UK equity market is better predictable and exploitable by means of quantitative or momentum ... See full document

... In order to answer the above question, during the baseline survey, we imple- mented a laboratory-in-the-field game to capture workers’ innate competitive nature, thus capturing their willingness to be ranked. In that ... See full document

... But what if these various perspectives are high-lighting different aspects of a complex reality? This may recall the ancient Hindu parable of the blind men and the elephant, where the former – each guided only by ... See full document

... Last but not least, let’s discuss the contributions and potential applications of our nonparamet- ric method based on information theory. First, it introduces a model-independent methodology to examine the predictability ... See full document

... computational methods are reviewed. These compu- tational methods will be employed later in the ...computational methods and advances in ...computational methods lets us feel more condent with ... See full document

... in three steps: (i) control variables are selected from a first-step Lasso procedure where the outcome is a function of all control variables, (ii) a second-step Lasso is conducted to select control variables that ... See full document

... Inference on average treatment effects in the presence of confounding is a primary goal of many observational studies. Propensity Score Matching (PSM) is one of the most widely used methods for estimating ... See full document

... two methods of dealing with the trend were clearly superior to HP filtering, in that there was much less bias and also less variability about the population values in most ...those methods are well ... See full document

... distance estimator of Ai and Chen [2003] also has a hidden curse of dimensionality, since it requires progressively stronger smoothness properties of the unknown functions when the dimension of the vector X grows. Other ... See full document

... Since the rental price that is determined in the rental market is a function of aggregate housing service demand shocks and total housing supply shock, observing a rental price then prov[r] ... See full document

... Manipulating attention in this way had three advantages. First and foremost, this manipulation allowed attention to operate in different ways at the participants’ own will. This was a stark contrast to existing ... See full document

... 3 Agent 1’s putative equilibrium proposal Agent 2’s deviation proposal θ 2, y 2 DM’s indifference curve A∗ θ B∗ B0 Agent 2’s putative equilibrium proposal θ 1, y 1 Figure 1.1: Only vague[r] ... See full document

... We make three new substantive contributions. First, we show that social learning about experience attributes is a key phenomenon in the rapidly growing consumer Internet sector. In our empirical application, more ... See full document

... Inflation was defined by Morris and Morris (1999) as the pervasive and sustained rise in the aggregate price level for goods and services. Inflation on the other hand, depicts an economic situation where there is a ... See full document