Higher-order properties of approximate estimators
D Kristensen, B Salanié - Journal of Econometrics, 2017 - Elsevier
Many modern estimation methods in econometrics approximate an objective function, for
instance, through simulation or discretization. These approximations typically affect both …
instance, through simulation or discretization. These approximations typically affect both …
Simulated maximum likelihood estimation for discrete choices using transformed simulated frequencies
Many existing methods of simulated likelihood for discrete choice models require additive
errors that have normal or extreme value distributions. This paper focuses on a situation …
errors that have normal or extreme value distributions. This paper focuses on a situation …