Social and Behavioral Sciences Commons^™

Some Improvements On An Algorithm For Controlled Selection, Ting Kwong Lin

Research Collection School Of Economics

The sampling technique called controlled selection was f'irst described by Goodman and Kish (1950). It was found to be a very useful sampling technique among practicing survey samplers, especially in selecting first-stage units in multi-stage sampling. Hess, Riedel and Fitzpatrick (1961, 1975) have given a simple illustration on how it can be implemented in the sampling of hospitals in the state of Michigan. In this paper, we show how the Groves-Hess algorithm can be improved and how further controls which are useful to survey practitioners can be built into the algorithm. Problems the old algorithm could not solve can now …

Non-Monetary Effects On Inflation Within The Price-Gap Model, Leonard Loebach

Masters Theses

The purpose of this thesis is to examine some of the various non-monetary effects on inflation within the framework of the price-gap model. Some of the non-monetary shocks that can affect inflation include wage adjustments, changes in basic commodity prices (for example, crude oil), changes in the exchange rates, and shifts in inflationary expectations.

In April of 1989, a study was put out by the Federal Reserve (staff study 157) that examined the relationship between the current price level and an estimate of the long-run equilibrium price level. In the study, an indicator P* (pronounced P-star) was used to estimate …

Adaptive Estimation In Timeseries Regression Models, Douglas Steigerwald

Douglas G. Steigerwald

I develop adaptive estimators for linear regression with serially correlated errors. The efficiency results hold even when the serial correlation structure is unknown. Simulations indicate that efficiency gains can be substantial with samples of only 50 observations. We apply the method to a study of forward exchange rates.

On The Finite Sample Behavior Of Adaptive Estimators, Douglas Steigerwald

Douglas G. Steigerwald

With only 50 observations, the adaptive estimator produces confidence intervals that are 20 to 50 percent shorter than those produced by GLS procedures. The key feature is that the underlying error density is symmetric. Under asymmetry the interval length is shortened by a smaller amount.

A Course In Econometrics: A Review, Douglas G. Steigerwald

Douglas G. Steigerwald

No abstract provided.