This entry describes the basic framework for statistical estimation and inference using Generalized Method of Moments and also illustrates the types of empirical models in finance to which these techniques have been applied. GeneralizedMethod of Moments (GMM) provides a computationally convenientmethod of obtaining consistent and asymptotically normally distributed estimators of the parameters ...

Siebeck), Tu bingen, Germany [English translation 1989 Truth and Method, 2nd edn. Sheed & Ward, London] Gibbs R 1994 The Poetics of Mind. Cambridge University Press, Cambridge, UK KuhnT S1962TheStructure of ScientificRe olutions.University of Chicago Press, Chicago Leary D E 1990 Metaphors in the History of Psychology. Cambridge University Press, Cambridge, UK LakoffG, JohnsonM 1980MetaphorsWe ...

A wide range of econometric and statistical models are specified through moment conditions. Efficient estimation of such models essentially employs two distinct ideas: optimally combining estimation equations (e.g., the optimal estimating equations of Godambe (1976), the generalized method of moments of Hansen (1982) and the empirical likelihood of Qin and Lawless (1994)), and optimally combini...

In this paper we propose a new statistical model for multi-scale traffic, and present an exact queueing analysis for the model. The model is based on the central moments and the marginal distributions of the cumulative traffic loads in different time scales. Only the first two moments are needed to characterize the traffic process, which greatly simplifies the representation and estimation. The...

Shanker [3] obtained a PoissonAkash distribution (PAD), a Poisson mixture of Akash distribution, and discussed its various statistical and mathematical properties along with estimation of parameter and applications for count data from different fields of knowledge. Shanker [4,5] has also introduced size-biased and zero-truncated version of PAD and studied their properties, estimation of paramet...

â â â  â â â â â â â â â â â  financial sector is one of the most influential sectors in economic activities. empirical and theoretical studies conducted in recent years have also confirmed the significant role of financial institutions in economic growth. additionally, trade and financial liberalization policies have been particular concerned with strategic policies in developed and developing...

dividend policy is one of the most important financial decisions that managers encounter. this study contributes to the literature of dividend and empirical research investigating the effects of dynamic factors in tehran stock exchange. based on some criteria, the study contains 133 listed firms over a 10-year period from 2001 to 2010. to test the research hypotheses, this study uses fixed effe...

In this paper we propose a new statistical model for multi-scale traffic, and present an exact queueing analysis for the model. The model is based on the central moments and the marginal distributions of the cumulative traffic loads in different time scales. Only the first two moments are needed to characterize the traffic process, which greatly simplifies the representation and estimation. The...