Structural Econometric Models

Choo, Eugene

ISBN 10: 1783500522 / ISBN 13: 9781783500529

Editore: Emerald Publishing Limited, 2013

Riguardo questo articolo

This volume focuses on recent developments in the use of structural econometric models in empirical economics. The first part looks at recent developments in the estimation of dynamic discrete choice models. The second part looks at recent advances in the area empirical matching models. Editor(s): Choo, Eugene; Shum, Matthew. Series: Advances in Econometrics. Num Pages: 350 pages, Illustrations. BIC Classification: KCH. Category: (UP) Postgraduate, Research & Scholarly. Dimension: 160 x 234 x 39. Weight in Grams: 784. . 2013. Hardcover. . . . . Books ship from the US and Ireland.

Codice articolo V9781783500529

Dati bibliografici

• Titolo: Structural Econometric Models
• Editore: Emerald Publishing Limited
• Data di pubblicazione: 2013
• Lingua: Inglese
• ISBN 10: 1783500522
• ISBN 13: 9781783500529
• Rilegatura: Rilegato
• Condizione: New

Descrizione articolo

Riassunto

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.