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Approximate Distributions in Essentially Linear Models

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Author Info
An, M.Y.
Christensen, B.J.
Kiefer, N.M.

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Abstract

A new class of regression type models termed essentially linear models is proposed. The class is characterized by geometric considerations. Within the class the distribution of the maximum likelihood estimator is easily approximated by a natural extension of the p-formula even though the MLE itself is not typically achievable in closed form. The method has many econometric applications and works well in practice.

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Publisher Info
Paper provided by Centre for Labour Market and Social Research, Danmark- in its series Papers with number 98-08.

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Date of creation: 1998
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Handle: RePEc:fth:clmsre:98-08

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Postal: Danmark; Centre for Labour Market and Social Research. Science Park Aarhus Wieds Vej 10C, 8000 Aarhus C, Danmark
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Web page: http://www.cls.dk/
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Related research
Keywords: ECONOMETRIC MODELS MODELS Aarhus C Danmark. 12p.

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Find related papers by JEL classification:
C10 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: General - - - General
C20 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - General
C51 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Construction and Estimation

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  1. Pedersen, Peder J. & Smith, Nina, 2001. "International Migration and Migration policy in Denmark," CLS Working Papers 01-5, Aarhus School of Business, Centre for Labour Market and Social Research. [Downloadable!]
  2. Westergaard-Nielsen, Niels, 2001. "Danish Labour Market Policy: Is it worth it?," CLS Working Papers 01-10, Aarhus School of Business, Centre for Labour Market and Social Research. [Downloadable!]
  3. Ortega, Jaime, 2000. "Job Rotation as a Mechanism for Learning," CLS Working Papers 00-4, Aarhus School of Business, Centre for Labour Market and Social Research. [Downloadable!]
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This page was last updated on 2008-7-2.

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