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portada Estimation, Inference and Specification Analysis Paperback (Econometric Society Monographs)
Type
Physical Book
Author
Publisher
Year
1996
Language
English
Pages
396
Format
Paperback
Dimensions
22.7x15.2x2 cm
Weight
0.52 kg.
ISBN
0521574463
ISBN13
9780521574464
Categories

Estimation, Inference and Specification Analysis Paperback (Econometric Society Monographs)

Halbert White (Author) · Cambridge University Press · Paperback

Estimation, Inference and Specification Analysis Paperback (Econometric Society Monographs) - White, Halbert

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Synopsis "Estimation, Inference and Specification Analysis Paperback (Econometric Society Monographs) "

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.

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