Title: Nonparametric and Semiparametric Methods in Econometrics and Statistics : Proceedings of the Fifth International Symposium in Economic Theory and Econ
Publisher: Cambridge University Press
Publication Date: 1991
Language: English
ISBN 10: 0521370906
ISBN 13: 9780521370905
Binding: Hardcover
Condition: New

About this title

Synopsis

This collection of papers delivered at the fifth international Symposium in Economic Theory and Econometrics in 1988 is devoted to recent advances in the estimation and testing of models that impose relatively weak restrictions on the stochastic behavior of data. Particularly in highly nonlinear models, empirical results are very sensitive to the choice of the parametric form of the distribution of the observable variables, and often nonparametric and semiparametric models are a preferable alternative. Methods and applications that do not require strong parametric assumptions for their validity, that are based on kernels and on series expansions, and methods for independent and dependent observations, are investigated and developed in these essays by renowned econometricians.

Book Description

Because empirical results are so sensitive to the choice of the parametric form of the distribution of the observable variable, this collection is devoted to recent advances in the estimation and testing of models that impose relatively weak restrictions.

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