{"product_id":"maximum-simulated-likelihood-methods-and-applications-book-william-greene-9780857241498","title":"Maximum Simulated Likelihood Methods and Applications","description":"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.","brand":"WoB","offers":[{"title":"- \/ - \/ -","offer_id":51269485789457,"sku":"","price":0.0,"currency_code":"USD","in_stock":true},{"title":"US \/ NEW \/ INGRAM","offer_id":51269486149905,"sku":"NIN9780857241498","price":191.99,"currency_code":"USD","in_stock":false},{"title":"GB \/ NEW \/ INGRAM","offer_id":52662900752657,"sku":"NLS9780857241498","price":170.89,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/0857241494.jpg?v=1786135884","url":"https:\/\/www.worldofbooks.com\/products\/maximum-simulated-likelihood-methods-and-applications-book-william-greene-9780857241498","provider":"World of Books ","version":"1.0","type":"link"}