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Semiparametric modelling and estimation (in Russian)

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Author Info
Dennis Kristensen (Columbia University, New York, USA, Center for Research in Econometric Analysis of TimE Series, Aarhus, Denmark)

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Abstract

Semiparametric models are characterized by a finite- and infinite-dimensional (functional) component. As such they allow for added flexibility over fully parametric models, and at the same time estimators of parametric components can be developed that exhibit standard parametric convergence rates. These two features have made semiparametric models and estimators increasingly popular in applied economics. We give a partial overview over the literature on semiparametric modelling and estimation with particular emphasis on semiparametric regression models. The main focus is on developing two-step semiparametric estimators and deriving their asymptotic properties. We do however also briefly discuss sieve-based estimators and semiparametric efficiency.

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Publisher Info
Article provided by Quantile in its journal Quantile.

Volume (Year): (2009)
Issue (Month): 7 (September)
Pages: 53-83
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Handle: RePEc:qnt:quantl:y:2009:i:7:p:53-83

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Web page: http://quantile.ru/

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This page was last updated on 2009-12-19.


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