Generalized Econometric Models with Selectivity

Double Generalized Spatial Econometric Models

The authors offer a unified method extending traditional spatial dependence with normally distributed error terms to a new class of spatial models based on the biparametric exponential family of distributions. Joint modeling of the mean and variance (or precision) parameters is proposed in this family of distributions, including spatial correlation. The proposed models are applied for analyzing...

Econometric Analysis of Models with Social Interactions

Improving Current Sales Estimates with Econometric Models

An econometric model for the U. S. lodging market was developed from time series data. Estimates from this model were then combined with preliminary sales estimates. The resulting combination greatly improved the estimates of the "final sales" figures and also reduced the error in two forecasting tests. These improvements were achieved at a low cost.

Dynamic Econometric Models

K e y w o r d s: Family of Sign RCA Models, Value at Risk, backtesting, loss function.

Economic and Econometric Models