Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5096159 | Journal of Econometrics | 2014 | 12 Pages |
Abstract
We examine the delta expansion and the Hermite expansion without rearrangement numerically to find that the delta expansion has such advantageous features as the order of the error bound can be more effectively attained. It is also found that our expansion gives a comparable numerical accuracy of the approximation to the expansion Aït-Sahalia (1999) suggested, while making any symbolic computation unnecessary.
Related Topics
Physical Sciences and Engineering
Mathematics
Statistics and Probability
Authors
Yoon Dong Lee, Seongjoo Song, Eun-Kyung Lee,