Jarque-Uribe, Carlos M
Description
This thesis is concerned with problems that arise in the
statistical analysis of economic models, when using cross-sectional
data. Its contents may be conveniently divided into five parts.
V(Wt I comprises Chapter 1, and contains introductory remarks,
motivation and overview of the thesis.
V(Wt II, formed by Chapters 2 and 3, relates to the data gathering
stage of the analysis. Chapter 2 studies the problem of optimal
sample design within an econometric (rather than a purely...[Show more] statistical)
framework. Chapter 3 is concerned with the problem of efficient
aggregation of data that has been gathered through a census or sample
survey. In these two Chapters, several design and aggregation
criteria are suggested and the use of clustering techniques is
indicated.
Va/vt III, consisting of Chapters 4, 5, 6, 7 and 8, relates to inferential
and estimation aspects of the analysis once the data is available.
Regarding inference, a contribution is the suggestion of a procedure
for the construction of efficient and computationally simple econometric
specification tests. This is based on the application of the Lagrange
Multiplier test to the Pearson and other families of disturbance
distributions (rather than to families of transformations).
Illustrations of the procedure are given in Chapters 4, 5 and 6, where
normality and/or homoscedasticity tests for the Multiple Regression
Model, the Truncated Model and the Tobit Model are derived. Tests for
normality, homoscedasticity and parameter variation in Simultaneous Equations Models are suggested in Chapter 8. Regarding estimation,
a two stage procedure is presented in Chapter 7. In the first stage,
the observations would be classified into groups of homogeneous
parameter values, by the use of a classification criterion suggested.
In the second stage, the econometric estimation of the parameters
would follow.
Vcovt 71/ of the thesis comprises Chapter 9, and contains an empirical
illustration of some of the tests and estimation procedures suggested.
These are used for the study of Household Consumption and Saving
behaviour in Mexico.
V(Wt l/, formed by Chapter 10, indicates extensions of some of the
results of Vamt III and highlights the fact that many of these results
are equally applicable in time-series studies. It also contains some
concluding remarks.
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