This volume is a collection of methodological developments and applications of simulation-based methods that were presented at a workshop at Louisiana State University in November, 2009. The first two papers are extensions of the GHK simulator: one reconsiders the computation of the probabilities in a discrete choice model while another example uses an adaptive version of sparse-grids integration (SGI) instead of simulation. Two studies are focused specifically on the methodology: the first compares the performance of the maximum-simulated likelihood (MSL) approach with a proposed composite marginal likelihood (CML) approach in multivariate ordered-response situations, while the second examines methods of testing for the presence of heterogeneity in the heterogeneity model. Further topics examined include: education savings accounts, parent contributions and education attainment; estimating the effect of exchange rate flexibility on financial account openness; estimating a fractional response model with a count endogenous regressor; and modelling and forecasting volatility in a bayesian approach.
William Greene & R. Carter Hill
Maximum Simulated Likelihood Methods and Applications [PDF ebook]
Maximum Simulated Likelihood Methods and Applications [PDF ebook]
Köp den här e-boken och få 1 till GRATIS!
Språk Engelska ● Formatera PDF ● ISBN 9780857241504 ● Redaktör William Greene & R. Carter Hill ● Utgivare Emerald Group Publishing Limited ● Publicerad 2010 ● Nedladdningsbara 3 gånger ● Valuta EUR ● ID 5677053 ● Kopieringsskydd Adobe DRM
Kräver en DRM-kapabel e-läsare