The Econometrics of Structural Change, with Special Emphasis on Spline FunctionsAn introduction to models of structural change; Linear splines; Cubic splines; Bilineart splines; Cobb-Douglas splines; Splines lags: why the almon lag has gone to pieces; A survey of estimation techniques for models with unknown points of structural change; The use of splines in multiple regression; Spline loss functions. |
Contents
An Introduction to Models of Structural Change | 9 |
Cubic Splines | 21 |
Bilinear Splines | 57 |
Copyright | |
7 other sections not shown
Other editions - View all
Common terms and phrases
Almon lag Amemiya analysis approximation asymmetrical asymptotic Bayesian bilinear Chapter Cobb-Douglas considered continuous control variable corresponding cubic spline cubic spline lag defined dependent variable derivative desired level discussed distributed lag economic effect end conditions equation example expansion path expected loss F-ratio Feder formulation given h₁ Hence hypothesis implies income input interaction knot locations knots lag length lag weights least squares estimators likelihood function linear spline matrix maximum likelihood estimators natural cubic spline negative income tax normal distribution observations optimal output parameters periodic cubic spline piecewise Poirier polynomial prediction interval prior problem production function profit rates quadratic spline loss regimes regressor returns to scale sample segmented regression segments slope spline functions spline loss function spline regression model stochastic structural change switching regression model target Theorem tion unknown values vector w₁ Watts x₁ Y₁ zero