Estimating Intertemporal Allocation Parameters using Synthetic Residual Estimation.

We present a novel structural estimation procedure for models of intertemporal allocation. This is based on modelling expectations errors directly; we refer to it as synthetic residual estimation (SRE). The flexibility of SRE allows us to account for measurement error in consumption and for heteroge...

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Detalles Bibliográficos

Publicado en:	Review of Economic Studies Vol. 77; no. 4; pp. 1231 - 1262
Autores principales:	Alan, Sule, Browning, Martin
Formato:	Artículo
Publicado:	Oxford University Press / UK October 2010
Materias:	Mathematical models of consumption Error analysis in mathematics Consumer preferences Parameter estimation Resource allocation > Mathematical models
Acceso en línea:	Ver este registro en EBSCOhost