Convergence Properties of the Likelihood of Computed Dynamic Models.
This paper studies the econometrics of computed dynamic models. Since these models generally lack a closed-form solution, their policy functions are approximated by numerical methods. Hence, the researcher can only evaluate an approximated likelihood associated with the approximated policy function...
| Publicado en: | Econometrica Vol. 74; no. 1; pp. 93 - 120 |
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| Autores principales: | , , |
| Formato: | Artículo |
| Publicado: |
Wiley-Blackwell
January 2006
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| Materias: | |
| Acceso en línea: | Ver este registro en EBSCOhost |