𝔖 Bobbio Scriptorium
✦   LIBER   ✦

Finite sample inference methods for dynamic energy demand models

✍ Scribed by Jean-Thomas Bernard; Nadhem Idoudi; Lynda Khalaf; Clément Yélou

Publisher
John Wiley and Sons
Year
2007
Tongue
English
Weight
147 KB
Volume
22
Category
Article
ISSN
0883-7252

No coin nor oath required. For personal study only.

✦ Synopsis

Abstract

This paper considers finite sample motivated inference methods in dynamic energy demand models, in which case commonly used econometric methods remain asymptotic. We focus on structural stability, and on exact confidence set estimation of elasticities. We account for intractable and nuisance parameter dependant distributions through Monte Carlo test procedures. For long‐run elasticities which depend on parameter ratios, we assess available asymptotic and exact methods with Fieller based alternatives. Fieller based and exact methods invert approximate and exact relevant test criteria (respectively) and may lead to unbounded set estimates. Our empirical results underscore the importance of using identification‐robust inference methods. Copyright © 2007 John Wiley & Sons, Ltd.

📜 SIMILAR VOLUMES

A MODIFIED FORCE BALANCE METHOD FOR LOCA
A MODIFIED FORCE BALANCE METHOD FOR LOCATING ERRORS IN DYNAMIC FINITE ELEMENT MODELS
✍ T.P. Waters 📂 Article 📅 1998 🏛 Elsevier Science 🌐 English ⚖ 354 KB

The reconciliation of finite element (FE) analysis with vibration test data is a field of research which has generated considerable interest over the past decade. However, the intermediate, and perhaps most crucial phase of locating modelling errors has received relatively little attention. This pap

On non-linear dynamics of shells: implem
On non-linear dynamics of shells: implementation of energy-momentum conserving algorithm for a finite rotation shell model
✍ Boštjan Brank; Lamberto Briseghella; Nicola Tonello; Frano B. Damjanić 📂 Article 📅 1998 🏛 John Wiley and Sons 🌐 English ⚖ 759 KB

Continuum and numerical formulations for non-linear dynamics of thin shells are presented in this work. An elastodynamic shell model is developed from the three-dimensional continuum by employing standard assumptions of the ÿrst-order shear-deformation theories. Motion of the shell-director is descr

Discrimination between native and intent
Discrimination between native and intentionally misfolded conformations of proteins: ES/IS, a new method for calculating conformational free energy that uses both dynamics simulations with an explicit solvent and an implicit solvent continuum model
✍ Yury N. Vorobjev; Juan Carlos Almagro; Jan Hermans 📂 Article 📅 1998 🏛 John Wiley and Sons 🌐 English ⚖ 179 KB 👁 3 views

A new method for calculating the total conformational free energy of proteins in water solvent is presented. The method consists of a relatively brief simulation by molecular dynamics with explicit solvent (ES) molecules to produce a set of microstates of the macroscopic conformation. Conformational