Smooth unbiased multivariate probability simulators for maximum likelihood estimation of limited dependent variable models

DOI10.1016/0304-4076(93)90049-BzbMath0798.62105OpenAlexW1973144438MaRDI QIDQ1260677

Axel Börsch-Supan, Vassilis Argyrou Hajivassiliou

Publication date: 25 August 1993

Published in: Journal of Econometrics (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/0304-4076(93)90049-b

zbMATH Keywords

maximum likelihood estimation bounded unbiased acceptance-rejection methods limited dependent variable models continuous and differentiable function multidimensional probability integrals new simulation method simulated choice probabilities

Mathematics Subject Classification ID

Applications of statistics to economics (62P20) Monte Carlo methods (65C05) Probabilistic methods, stochastic differential equations (65C99)

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