Estimation of a duration model in the presence of missing data
Article Abstract:
The use of simulation techniques in a two-step estimation method that is applicable for a number of statistical models dealing with missing data is presented. The first stage provides a means of estimating the joint distribution of missing variables provided that the missing figures are continuous, binary or ordered discrete. The second stage integrates the missing variables from the first stage and is responsible for deriving the model estimates.
Publication Name: Review of Economics and Statistics
Subject: Mathematics
ISSN: 0034-6535
Year: 1999
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The productivity slowdown: is a growing unmeasurable sector the culprit?
Article Abstract:
The observation in Griliches (1994), about productivity slowdown in the early 1970s, that it is possible that mismeasurement of output has deteriorated enough to become a factor for the apparent shortage of output growth lacks quantitative significance. Given assumptions greatly favoring Griliches' argument, it was found that the increasing share of services has had only a slight influence on measurement error.
Publication Name: Review of Economics and Statistics
Subject: Mathematics
ISSN: 0034-6535
Year: 1997
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Comment on Sichel
Article Abstract:
Griliches (1994) only implied that a part of the continued productivity downturn during 1973-1979 may have been caused by growing measurement problems. These problems include the increasing value of the unmeasurable sectors in the economy. Sichel's claim that the quantitative importance of measurement problems is wanting is disputed.
Publication Name: Review of Economics and Statistics
Subject: Mathematics
ISSN: 0034-6535
Year: 1997
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