Structural Econometric Models - Couverture rigide

Couverture rigide

ISBN 10 : 1783500522 ISBN 13 : 9781783500529

Editeur : Emerald Group Publishing Limited, 2013

Synopsis

This volume of Advances in Econometrics focuses on recent developments in the use of structural econometric models in empirical economics. The papers in this volume are divided in to three broad groups. The first part looks at recent developments in the estimation of dynamic discrete choice models. This includes using new estimation methods for these models based on Euler equations, estimation using sieve approximation of high dimensional state space, the identification of Markov dynamic games with persistent unobserved state variables and developing test of monotone comparative static in models of multiple equilibria. The second part looks at recent advances in the area empirical matching models. The papers in this section look at developing estimators for matching models based on stability conditions, estimating matching surplus functions using generalized entropy functions, solving for the fixed point in the Choo-Siow matching model using a contraction mapping formulation. While the issue of incomplete, or partial identification of model parameters is touched upon in some of the foregoing chapters, two chapters focus on this issue, in the context of testing for monotone comparative statics in models with multiple equilibria, and estimation of supermodular games under the restrictions that players' strategies be rationalizable. The last group of three papers looks at empirical applications using structural econometric models. Two applications applies matching models to solve endogenous matching to the loan spread equation and to endogenize marriage in the collective model of intrahousehold allocation. Another applications looks at market power of condominium developers in the Japanese housing market in the 1990s.

A propos du livre

Présentation de l'éditeur

Having just celebrated their 30th anniversary Advances in Econometrics is essential reading for academics, researchers and practitioners who are involved in applied economic, business or social science research, and eager to keep up with the latest methodological tools. Advances in Econometrics disseminate new ideas in a style that is more expository than journal articles, with many papers including supplementary computer code and/or data driven examples illustrating the techniques. It provides empirical applications that may be related to microeconomics, macroeconomics or finance, using cross-section data, time series data or panel data. The annual volume themes are selected by the Series Editors based on their interpretation of important new methods and techniques emerging in economics, statistics and the social sciences. These volumes provide a collection of papers in each volume related to a central theme or idea, encompassing alternative approaches to implementation of the methodology. Advances in Econometrics invites contributions from across the globe and encourage academics, researchers and Ph.D. students to share their experience, knowledge and research with an international audience.

Détails de l'édition

• Éditeur: Emerald Group Publishing Limited
• Date d'édition: 2013
• Langue: anglais
• ISBN 10: 1783500522
• ISBN 13: 9781783500529
• Reliure: Relié
• Nombre de pages: 350
• Éditeur: Choo Eugene, Shum Matthew
• Coordonnées du fabricant: non disponible