Bootstrap Inference on Partially Linear Binary Choice Model

• Tác giả: Wenzheng Gao, Zhenting Sun
• Ngôn ngữ: eng
• Ký hiệu phân loại: 511.34 Model theory
• Thông tin xuất bản: 2023
• Bộ sưu tập: Metadata
• ID: 198657

Tóm tắt

Comment: 10 pagesThe partially linear binary choice model can be used for estimating structural equations where nonlinearity may appear due to diminishing marginal returns, different life cycle regimes, or hectic physical phenomena. The inference procedure for this model based on the analytic asymptotic approximation could be unreliable in finite samples if the sample size is not sufficiently large. This paper proposes a bootstrap inference approach for the model. Monte Carlo simulations show that the proposed inference method performs well in finite samples compared to the procedure based on the asymptotic approximation.