Maximum Simulated Likelihood Methods and Applications by William Greene

Maximum Simulated Likelihood Methods and Applications by William Greene

This volume is a collection of methodological developments and applications of simulation-based methods that were presented at a workshop at Louisiana State University in November, 2009. The first two papers are extensions of the GHK simulator: one reconsiders the computation of the probabilities in a discrete choice model while another example uses an adaptive version of sparse-grids integration (SGI) instead of simulation. Two studies are focused specifically on the methodology: the first compares the performance of the maximum-simulated likelihood (MSL) approach with a proposed composite marginal likelihood (CML) approach in multivariate ordered-response situations, while the second examines methods of testing for the presence of heterogeneity in the heterogeneity model. Further topics examined include: education savings accounts, parent contributions and education attainment; estimating the effect of exchange rate flexibility on financial account openness; estimating a fractional response model with a count endogenous regressor; and modelling and forecasting volatility in a bayesian approach.

Greene, William: - Dr. William Greene was born and raised in Queens, N.Y. and is a product of the New York City public school system. An educator for over 25 years, William has served as a teacher, department chair, and administrator at both the middle and high school levels before being promoted to district level leadership and most recently the position of high school principal. William has also worked with several student programs and coached numerous sports. In 2014, William was invited to participate as a panelist on The White House Initiative for Educational Excellence for African Americans. This summit initiated by President Barack Obama was the first of a series of national discussions created to help accelerate national efforts to support African-American students while improving opportunities for all students. The goal of this initiative is to increase college completion and employment rates that would ultimately strengthen our nation's economy. In addition to being an educator and author, William is also co-founder and part owner of SchoolDaze-a school solutions business with an innovative technology platform designed to help improve school operations. William received his Bachelor's degree in Psychology from Morehouse College, a Master's degree in the Teaching of Social Studies from Columbia University Teachers College and both his specialist and doctoral degrees from Argosy University - Atlanta. William is married to Sharron M. Greene, also an educator, and they have one son William III.

SKU	Unavailable
ISBN 13	9780857241498
ISBN 10	0857241494
Title	Maximum Simulated Likelihood Methods and Applications
Author	William Greene
Series	Advances In Econometrics
Condition	Unavailable
Binding Type	Hardback
Publisher	Emerald Publishing Limited
Year published	2010-12-03
Number of pages	363
Cover note	Book picture is for illustrative purposes only, actual binding, cover or edition may vary.