• Title of article

    Pseudo maximum likelihood estimation of structural models involving fixed-point problems

  • Author/Authors

    Victor Aguirregabiria، نويسنده ,

  • Issue Information
    روزنامه با شماره پیاپی سال 2004
  • Pages
    6
  • From page
    335
  • To page
    340
  • Abstract
    This paper deals with the estimation of structural econometric models where the probability distribution of endogenous variables is implicitly defined as an equilibrium of a fixed-point problem. It proposes a pseudo maximum likelihood (PML) procedure and studies its asymptotic properties.
  • Keywords
    Pseudo maximum likelihood estimation , Fixed-points , Recursive methods
  • Journal title
    Economics Letters
  • Serial Year
    2004
  • Journal title
    Economics Letters
  • Record number

    435489