Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
612-822-4611

  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Estimation, Inference and Specification Analysis

Estimation, Inference and Specification Analysis

White, Halbert
Chesher, Andrew
Halbert, White

Paperback

Series: Econometric Society Monographs, Book 22

Economics

ISBN10: 0521574463
ISBN13: 9780521574464
Publisher: Cambridge University Press
Published: Jun 28 1996
Pages: 396
Weight: 1.15
Height: 0.77 Width: 6.00 Depth: 8.94
Language: English
This book examines the consequences of misspecifications ranging from the fundamental to the nonexistent for the interpretation of likelihood-based methods of statistical estimation and interference. Professor White first explores the underlying motivation for maximum-likelihood estimation, treats the interpretation of the maximum-likelihood estimator (MLE) for misspecified probability models and gives the conditions under which parameters of interest can be consistently estimated despite misspecification and the consequences of misspecification for hypothesis testing in estimating the asymptotic covariance matrix of the parameters. The analysis concludes with an examination of methods by which the possibility of misspecification can be empirically investigated and offers a variety of tests for misspecification.

Also in

Economics

View All