Matches in DBpedia 2015-10 for { <http://dbpedia.org/resource/Structural_estimation> ?p ?o }
Showing triples 1 to 39 of
39
with 100 triples per page.
- Structural_estimation abstract "Structural estimation is a technique for estimating deep "structural" parameters of theoretical economic models. The term is inherited from the simultaneous equations model. In this sense, "structural estimation" is contrasted with "reduced-form estimation," which is the statistical relationship between observed variables. The difference between a structural parameter and a reduced-form parameter was formalized in the work of the Cowles Foundation. A structural parameter is also said to be "policy invariant" whereas the value of reduced-form parameter can depend on exogenously determined parameters set by public policy makers. The distinction between structural and reduced-form estimation within "microeconometrics" is related to the Lucas critique of reduced-form macroeconomic policy predictions.The original distinction between structure and reduced-form was between the underlying system and the direct relationship between observables implied by the system. Different combinations of structural parameters can imply the same reduced-form parameters, so structural estimation must go beyond the direct relationship between variables. Many economists now use the term "reduced form" to mean statistical estimation without reference to a specific economic model. For example, a regression is often called a reduced-form equation even when no standard economic model would generate it as the reduced form relationship between variables. These conflicting distinctions between structural and reduced form estimation arose from the increasing complexity of economic theory since the formalization of simultaneous equations estimation. A structural model often involves sequential decisions making under uncertainty or strategic environments where beliefs about other agents' actions matter. Parameters of such models are estimated not with regression analysis but non-linear techniques such as generalized method of moments, maximum likelihood, and indirect inference. The reduced-form of such models may result in a regression relationship but often only for special or trivial cases of the structural parameters.Structural estimation is used by economists, econometricians, and statisticians.".
- Structural_estimation wikiPageID "12634266".
- Structural_estimation wikiPageLength "2440".
- Structural_estimation wikiPageOutDegree "13".
- Structural_estimation wikiPageRevisionID "683676882".
- Structural_estimation wikiPageWikiLink Category:Economics_models.
- Structural_estimation wikiPageWikiLink Cowles_Foundation.
- Structural_estimation wikiPageWikiLink Econometrician.
- Structural_estimation wikiPageWikiLink Econometrics.
- Structural_estimation wikiPageWikiLink Economic_model.
- Structural_estimation wikiPageWikiLink Economist.
- Structural_estimation wikiPageWikiLink Generalized_method_of_moments.
- Structural_estimation wikiPageWikiLink Indirect_inference.
- Structural_estimation wikiPageWikiLink Lucas_critique.
- Structural_estimation wikiPageWikiLink Maximum_likelihood.
- Structural_estimation wikiPageWikiLink Model_(economics).
- Structural_estimation wikiPageWikiLink Parameter.
- Structural_estimation wikiPageWikiLink Regression_analysis.
- Structural_estimation wikiPageWikiLink Simultaneous_equations_model.
- Structural_estimation wikiPageWikiLink Statistician.
- Structural_estimation wikiPageWikiLinkText "Structural estimation".
- Structural_estimation wikiPageWikiLinkText "structural estimation".
- Structural_estimation wikiPageWikiLinkText "structural".
- Structural_estimation hasPhotoCollection Structural_estimation.
- Structural_estimation wikiPageUsesTemplate Template:Econometrics-stub.
- Structural_estimation wikiPageUsesTemplate Template:Unsourced.
- Structural_estimation subject Category:Economics_models.
- Structural_estimation hypernym Technique.
- Structural_estimation type Model.
- Structural_estimation type Software.
- Structural_estimation type Econometric.
- Structural_estimation type Model.
- Structural_estimation comment "Structural estimation is a technique for estimating deep "structural" parameters of theoretical economic models. The term is inherited from the simultaneous equations model. In this sense, "structural estimation" is contrasted with "reduced-form estimation," which is the statistical relationship between observed variables. The difference between a structural parameter and a reduced-form parameter was formalized in the work of the Cowles Foundation.".
- Structural_estimation label "Structural estimation".
- Structural_estimation sameAs m.02wyzn5.
- Structural_estimation sameAs Q7625026.
- Structural_estimation sameAs Q7625026.
- Structural_estimation wasDerivedFrom Structural_estimation?oldid=683676882.
- Structural_estimation isPrimaryTopicOf Structural_estimation.