Zobrazeno 1 - 10
of 122
pro vyhledávání: '"Kazuhiko Hayakawa"'
Publikováno v:
Econometrics and Statistics. 24:116-132
A computationally simple bias correction for linear dynamic panel data models is proposed and its asymptotic properties are studied when the number of time periods is fixed or tends to infinity with the number of panel units. The approach can accommo
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::f73c0cd499e40e301ec195f83ebb522f
https://doi.org/10.1016/j.ecosta.2021.07.001
https://doi.org/10.1016/j.ecosta.2021.07.001
Publikováno v:
Journal of Mathematical Finance. 11:123-151
Common factor panel methodologies are applied to investment and savings rates in the context of the Feldstein-Horioka puzzle to derive idiosyncratic components of the two variables for OECD countries, Japan, and Indonesia. The idiosyncratic component
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::0e5001a91b3daeff9a6b958caa5f2074
https://doi.org/10.4236/jmf.2021.111006
https://doi.org/10.4236/jmf.2021.111006
Autor:
Kazuhiko Hayakawa, Qi Sun
In this paper, we derive the asymptotic properties of estimators obtained from various kinds of loss functions in covariance structure analysis. We first show that the estimators except for OLS-based loss functions have the same asymptotic distributi
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::f92e239dbb26e94b1116264de46d101a
Autor:
Kazuhiko Hayakawa, Takashi Yamagata
Publikováno v:
SSRN Electronic Journal.
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::e7f6def792ce04a38479a42e7576c525
https://doi.org/10.2139/ssrn.4161393
https://doi.org/10.2139/ssrn.4161393
Autor:
Kazuhiko Hayakawa
Publikováno v:
Kazuhiko Hayakawa
This paper compares three types of standard errors for optimal minimum distance (OMD) estimator where the structural parameter is recovered from the reduced form parameters estimated by a two-step GMM estimator. We demonstrate that the naive standard
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::c8eea62a69bd8fd939b88a1b1c84291b
https://doi.org/10.1016/j.econlet.2018.02.029
https://doi.org/10.1016/j.econlet.2018.02.029
Autor:
Kazuhiko Hayakawa
Publikováno v:
Econometrics and Statistics.
A survey on the recent development of covariance structure analysis (CSA) in economics is provided. First, estimation, inference, specification tests, and the treatment of missing values are discussed for a general CSA model. Subsequently, to demonst
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::5dad703e3df1cc8d2cf32dbf1e03a87a
https://doi.org/10.1016/j.ecosta.2021.10.002
https://doi.org/10.1016/j.ecosta.2021.10.002
Autor:
Kazuhiko Hayakawa
Publikováno v:
Behaviormetrika. 47:123-157
This study considers the instrumental variable estimation of factor models. Specifically, we investigate the weak-instruments problem, which is not well investigated in the literature, in detail. We show that the signal-to-noise ratios, which are def
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::6884f4e4f3479a193a6086b882c1b14f
https://doi.org/10.1007/s41237-019-00097-1
https://doi.org/10.1007/s41237-019-00097-1
Autor:
Kazuhiko Hayakawa
Publikováno v:
Econometrics and Statistics. 10:71-95
A new over-identifying restriction test in the generalized method of moments (GMM) estimation of panel data models is proposed. In contrast to the conventional over-identifying restriction test, where the sample covariance matrix of the moment condit
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::c7d56413bba66479450f196966722237
https://doi.org/10.1016/j.ecosta.2018.06.002
https://doi.org/10.1016/j.ecosta.2018.06.002
Autor:
Kazuhiko Hayakawa
Publikováno v:
SSRN Electronic Journal.
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::f7592e8715fcb3bb014f3dad42bd58c1
https://doi.org/10.2139/ssrn.3949389
https://doi.org/10.2139/ssrn.3949389
Publikováno v:
Japan and the World Economy. 48:11-21
The article empirically examines the Feldstein–Horioka puzzle using national data from 23, 24, and 29 Organisation for Economic Cooperation and Development (OECD) countries, along with regional economic data from Japan, Indonesia, and the Philippin
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::a6ed1d0eeb8184bdf8ebfe0dc3e0cfe6
https://doi.org/10.1016/j.japwor.2018.06.001
https://doi.org/10.1016/j.japwor.2018.06.001