Article ID Journal Published Year Pages File Type
7358087 Journal of Econometrics 2018 47 Pages PDF
Abstract
Simulations show that the sieve MLE can improve the finite sample performance upon misspecified normal MLEs. As an empirical application, we examine the school district income surtax rates in Iowa. Our results show that the spatial spillover effects are significant, but they may be overestimated if disturbances are restricted to be normally distributed.
Related Topics
Physical Sciences and Engineering Mathematics Statistics and Probability
Authors
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