论文检索

摘要暂缺

摘要暂缺

MUCH APPLIED ECONOMETRIC work is based on the correlation and regression of ratio variables which have the same denominator. The denominator generally deflates the various sets of measurements in order to make them comparable. In certain cases deflation is a way of obtaining efficient estimators. Briggs [1] has studied the effect of errors in the deflating variable on the correlation between ratios. The effect of errors in the deflating variable on a scatter diagram of…

IN TESTING HYPOTHESES on the coefficients of a linear regression model with stochastic regressors it is well known that the usual t test and F test are applicable if the stochastic regressors are statistically independent of the disturbances [3, p. 268; 5, pp. 27-28]. Also, there are cases in which economic hypotheses can be stated in terms of the independence of stochastic regressors and disturbances, the best known examples being the current versus the permanent income…

摘要暂缺

摘要暂缺

EXPERIMENT DESIGN THEORY for regression analysis is becoming important in econometric work, most notably in the context of negative income tax [1] and other subsidy experiments (such as housing and health subsidy experiments being planned). The usual regression design model requires the experimenter to specify the functional form of the behavioral equation under investigation. An apparent difficulty is that the experimenter does not know the true functional form. This paper…

摘要暂缺

摘要暂缺

公共品与收入分配：若干进一步结果AI 解读

Aaron and McGuire recently put forward a new method for imputing benefits of government expenditures on public goods for various income classes. They fail to present conclusive empirical results, however, lacking a parameter whose value is heretofore unmeasured. This note uses three independent empirical estimates of this crucial parameter to compute estimates of the net incidence of the fiscal system. For the U.S., 1961, it is found that benefits from public goods are…

几何分布滞后参数的Liviatan估计量的抽样分布AI 解读

THE USE OF the geometric distributed lag in economics is widespread. The Liviatan [6] method for estimating its parameters is simple and provides consistent estimates. Moreover, it can be used to provide initial estimates for more sophisticated techniques [2]. Not much is known about the statistical properties of these estimators, especially their small sample properties. We do know that their asymptotic efficiencies are inferior to most alternatives [1], and recently Nagar…

埃奇沃思猜想AI 解读

We study the properties of the core of large markets. We assume that traders' preferences have certain standard properties, that their preferences belong to a set which is compact with respect to a certain topology, and that there is a bound on their initial endowments. It is then found that if a market contains sufficiently many traders and if there are many traders similar to any one trader, then every core allocation is similar to a price equilibrium in a very strong…

摘要暂缺

摘要暂缺

评R. P. Byron《需求关系系统的受限Aitken估计》AI 解读

that the latter system fits only poorly, Byron went on to speculate (in the presence of those data) whether any system of demand functions would fit any relevant empirical data as well. The system of demand functions Byron said he intended to test and estimate belongs to the class Y'O of systems of real-valued functions of real variables that are characterized by (la) xi = AiME H p' (i=1 . ,m) j=1 and m

摘要暂缺

This paper deals with similarities and differences in the equations defining the full information maximum likelihood and three stage least squares estimators. It shows that the twp sets of equations are similar, the difference being that the two estimators purge the jointly dependent variables differently. Hence, even if three stage least squares is iterated, it will not give an estimator which is the same as the maximum likelihood one. On the other hand, it is quite…

摘要暂缺

摘要暂缺

摘要暂缺

摘要暂缺

基于贝叶斯方法的随机差分方程多期预测AI 解读

Given n observations on a system of linear stochastic difference equations with appropriate initial conditions, and given a prior density (possibly diffuse) of its parameters, this paper obtains the predictor of the time series k periods into the future with minimum mean squared error. Completely analytical solution is given for predictions from the first-order univariate system, and, in the general higher-order multivariate case, for k up to 5. econometric equations to…

含两个内生解释变量时OLS与2SLS估计量分布函数的近似AI 解读

Roberto S. Mariano, Approximations to the Distribution Functions of the Ordinary Least-Squares and Two-Stage Least-Squares Estimators in the Case of Two Included Endogenous Variables, Econometrica, Vol. 41, No. 1 (Jan., 1973), pp. 67-77

不一致GCL结构方差估计量的精确有限样本分布性质分析AI 解读

Donald H. Ebbeler, James B. McDonald, An Analysis of the Properties of the Exact Finite Sample Distribution of a Nonconsistent GCL Structural Variance Estimator, Econometrica, Vol. 41, No. 1 (Jan., 1973), pp. 59-65