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Some possible pitfalls of parametric inference (in Russian)

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  • Michael Creel

    (Universitat Autonoma de Barcelona, Spain)

Abstract

This essay reviews some of the undesirable things that can occur when parametric models are used without proper concern for checking that they are at least approximately correctly specified. It shows that nonparametric methods can, to a certain extent, avoid these problems.

Suggested Citation

  • Michael Creel, 2008. "Some possible pitfalls of parametric inference (in Russian)," Quantile, Quantile, issue 4, pages 1-6, March.
    • Handle: RePEc:qnt:quantl:y:2008:i:4:p:1-6
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    References listed on IDEAS

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    1. Gallant, A. Ronald, 1981. "On the bias in flexible functional forms and an essentially unbiased form : The fourier flexible form," Journal of Econometrics, Elsevier, vol. 15(2), pages 211-245, February.
    2. Hallam, Arne, 1992. "A Brief Overview Of Nonparametric Methods In Economics," Northeastern Journal of Agricultural and Resource Economics, Northeastern Agricultural and Resource Economics Association, vol. 21(2), pages 1-15, October.
    3. Yan Zhang & Haiyang Li & Michael A Hitt & Geng Cui, 2007. "R&D intensity and international joint venture performance in an emerging market: moderating effects of market focus and ownership structure," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 38(6), pages 944-960, November.
    4. White, Halbert, 1980. "Using Least Squares to Approximate Unknown Regression Functions," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 21(1), pages 149-170, February.
    5. Adonis Yatchew, 1998. "Nonparametric Regression Techniques in Economics," Journal of Economic Literature, American Economic Association, vol. 36(2), pages 669-721, June.
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    Cited by:

    1. Agatha M. Poroshina, 2014. "Credit Risk Modeling Of Residential Mortgage Lending In Russia," HSE Working papers WP BRP 30/FE/2014, National Research University Higher School of Economics.

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