Estimation of Multi-Market Fix-Price Models: An Application of Pseudo Maximum Likelihood Methods
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Publication:3825986
DOI10.2307/1913774zbMath0672.62107OpenAlexW1964727757MaRDI QIDQ3825986
Publication date: 1989
Published in: Econometrica (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.2307/1913774
disaggregationMonte-Carlo simulationsendogenous variablesfirst and second order momentsfull information maximum likelihoodcanonical disequilibrium modelPML methodFIML proceduremacroeconomic multi-market fix-price modelsmicro marketspseudo likelihood function
Applications of statistics to economics (62P20) Microeconomic theory (price theory and economic markets) (91B24) Statistical methods; economic indices and measures (91B82)
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