Maximum Likelihood Methods for Models of Markets in Disequilibrium

DOI10.2307/1914215zbMath0295.62098OpenAlexW2028261158MaRDI QIDQ5966785

Forrest D. Nelson, G. S. Maddala

Publication date: 1974

Published in: Econometrica (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.2307/1914215

Mathematics Subject Classification ID

Applications of statistics to economics (62P20) Trade models (91B60)

Related Items

Bayesian Inference in Dynamic Disequilibrium Models: An Application to the Polish Credit Market, Simulation estimation of dynamic switching regression and dynamic disequilibrium models - some Monte Carlo results, A smooth likelihood simulator for dynamic disequilibrium models, A semiparametric panel data model for markets in disequilibrium, Disequilibrium econometrics in dynamic models, A switching regression method using inequality conditions, A test of a disequilibrium model, Estimation of disequilibrium and limited dependent variable models with serially dependent residuals, Classification probabilities for the disequilibrium model, Balanced random interval arithmetic in market model estimation, Semi-parametric estimation of disequilibrium models, Self-selection and direct estimation of across-regime correlation parameter, A note on the estimation of limited dependent variable models under rational expectations, An instrumental variable method of estimation for disequilibrium markets in centrally planned economies, Estimation in a disequilibrium model and the value of information, Asset pricing with disequilibrium price adjustment: theory and empirical evidence, Econometric modelling with nonnormal disturbances, Estimation of some limited dependent variable models with application to housing demand, The specification of multi-market disequilibrium econometric models, Test for normality in the econometric disequilibrium markets model, Tobit models: A survey, Maximum score estimation of disequilibrium models and the role of anticipatory price-setting, A Bayesian analysis of some threshold switching models, Econometric disequilibrium models^∗, A note on global optimization in adaptive control, econometrics and macroeconomics., Bayesian analysis of switching regression models