Reading Course: Econometrics

Spring, 2006

Each student should read at least 3 papers from each section. We will discuss each section for two class periods.

GMM

Lars Hansen, John Heaton and Yaron (1996) “Finite-sample properties of some alternative GMM estimators,” Journal of Business and Economic Statistics. pdf

Alastair Hall (2000) “Covariance matrix estimation and the power of the overidentifying restrictions test,” Econometrica.  pdf

James Stock and Jonathan Wright (2000) “GMM with Weak Identification” Econometrica pdf

Bruce Hansen and Kenneth West (2002) “Generalized Method of Moments and Macroeconomics,” Journal of Business and Economic Statistics. pdf

Manuel Dominguez and Ignacio Lobato (2004) “Consistent Estimation of Models Defined by Conditional Moment Restrictions,” Econometrica pdf.


Bootstrapping

Joel Horowitz (2001) “The Bootstrap”, Handbook of Econometrics, vol V, chapter 52. pdf

Peter Hall and Joel Horowitz (1996) “Bootstrap critical values for tests based on generalized-method-of-moments estimation,” Econometrica. pdf

Wolfgang Hardle, Joel Horowitz and Kreiss (2002) “Bootstrap methods for time series,” International Statistical Review, forthcoming. pdf

Atsushi Inoue and Mototsugu Shinani (2003) “Bootstrapping GMM estimator for time series.”  Journal of Econometrics, forthcoming, pdf

Bryan Brown and Whitney Newey (2002) “GMM, bootstrapping, and improved inference,” Journal of Business and Economic Statistics. pdf

Other Estimation Methods

Chernozhukov and Hong (2003) An MCMC approach to classical estimation, Journal of Econometrics. pdf

Qin and Lawless (1994) “Empirical likelihood and general estimating equations,” Annals of Statistics. pdf

Yuichi Kitamura (1997) “Empirical likelihood methods with weakly dependent processes,” Annals of Statistics. pdf


Yuichi Kitamura and Mark Stutzer (1997) “An information-theoretic alternative to generalized method of moments estimation,”
Econometrica. pdf