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Modelling trends and volatility in ecological patents in the USA

✍ Scribed by Dora Marinova; Michael McAleer


Book ID
104408167
Publisher
Elsevier Science
Year
2003
Tongue
English
Weight
157 KB
Volume
18
Category
Article
ISSN
1364-8152

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## Abstract This paper presents a model for the heterogeneity and dynamics of the conditional mean and conditional variance of individual wages. A bias‐corrected likelihood approach, which reduces the estimation bias to a term of order 1/__T__^2^, is used for estimation and inference. The small‐sam