WebAbstract Analyzing financial development and investment in Turkey between 1960 and 2008, this paper illustrates how financial development affects investment decisions in a dynamic model of the firm under financial frictions. A composite index is constructed of three alternative financial development measures. WebDonald Andrews and Christopher J. Monahan No 942, Cowles Foundation Discussion Papers from Cowles Foundation for Research in Economics, Yale University Abstract: …
Faculty Virginia Institute of Marine Science
http://dido.econ.yale.edu/~dwka/publications.htm WebThis paper shows that the ET and EL estimators can be naturally combined to yield an estimator called exponentially tilted empirical likelihood (ETEL) exhibiting the same $O (n^ {-1})$ bias and the same $O (n^ {-2})$ variance as EL, while maintaining root n convergence under model misspecification. Suggested Citation Susanne M. Schennach, 2007. daniels-head insurance
Testing for Weak Instruments in Linear IV Regression
WebMDWERKS INC. Analyst Report: APA Corporation Based in Houston, APA is an independent exploration and production company. It operates primarily in the U.S., … Web824 DONALD W. K. ANDREWS parameter 7r only appears under the alternative hypothesis and not under the null. In consequence, Wald, LM, and LR-like tests constructed with 7r … WebFeb 24, 2010 · Donald W. K. Andrews and James H. Stock Chapter Get access Share Cite Summary ABSTRACT This paper extends Staiger and Stock's (1997) weak instrument asymptotic approximations to the case of many weak instruments by modeling the number of instruments as increasing slowly with the number of observations. daniels head insurance texas