Econometrica: Jul 1979, Volume 47, Issue 4

On the Value of Sample Separation Information<997:OTVOSS>2.0.CO;2-6
p. 997-1004

Nicholas M. Kiefer

The efficiency gain from observing the sample classification in a disequilibrium or switching model is analyzed. The problem is set up as one of comparing the precisions of estimates based on a joint density with those based on a marginal density. Asymptotic results are obtained for a simple model.

Log In To View Full Content