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Indirect inference information


Indirect inference is a simulation-based method for estimating the parameters of economic models.[1][2] It is a computational method for determining acceptable macroeconomic model parameters in circumstances where the available data is too voluminous or unsuitable for formal modeling.

Approximate Bayesian computation can be understood as a kind of Bayesian version of indirect inference.[3]

  1. ^ "Indirect Inference" (PDF). Yale University. Retrieved 2014-06-21.
  2. ^ "Indirect Inference". Vserver1.cscs.lsa.umich.edu. 2013-07-10. Archived from the original on 2013-05-22. Retrieved 2014-06-21.
  3. ^ Drovandi, Christopher C. "ABC and indirect inference." Handbook of Approximate Bayesian Computation (2018): 179-209. https://arxiv.org/abs/1803.01999

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Indirect inference

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Indirect inference is a simulation-based method for estimating the parameters of economic models. It is a computational method for determining acceptable...

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Method of simulated moments

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{m}}(x,\beta )]=m(x,\beta )} MSM is a special case of Indirect Inference. While Indirect Inference allows the researcher to use any of the features of sample...

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Inference

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Inferences are steps in reasoning, moving from premises to logical consequences; etymologically, the word infer means to "carry forward". Inference is...

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Logic

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formal and informal logic. Formal logic is the study of deductively valid inferences or logical truths. It examines how conclusions follow from premises due...

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Glossary of economics

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successively larger amounts of output. indifference curve Indigo era indirect inference Individual Retirement Account (IRA) A retirement (savings) instrument...

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Patrick Minford

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recently, work by Minford and co-authors at Cardiff has focused on indirect inference methods and numerous applied studies of dynamic stochastic general...

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Circumstantial evidence

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Circumstantial evidence is evidence that relies on an inference to connect it to a conclusion of fact—such as a fingerprint at the scene of a crime. By...

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Approximate Bayesian computation

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Bayesian computation can be understood as a kind of Bayesian version of indirect inference. Several efficient Monte Carlo based approaches have been developed...

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Pope Adrian V

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Adrian V’s identity is not revealed by facial recognition but through indirect inference. His papal identity is inferred from his Latin phrase, scias quod...

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Structural estimation

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techniques such as generalized method of moments, maximum likelihood, and indirect inference. The reduced-form of such models may result in a regression relationship...

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Variational Bayesian methods

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techniques for approximating intractable integrals arising in Bayesian inference and machine learning. They are typically used in complex statistical models...

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Direct and indirect realism

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perception and philosophy of mind, direct or naïve realism, as opposed to indirect or representational realism, are differing models that describe the nature...

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Erythrocyte fragility

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contortion or shape change under a given level of applied force - or some indirect inference of the like. Other related red blood cell properties can include adhesion...

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Zenith Plateau

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structure and origin has largely been a matter of speculation and indirect inference from magnetic and satellite gravity studies and research involving...

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Random indexing

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Schvaneveldt Roger & Widdows Dominic (2009) Reflective Random Indexing and indirect inference: a scalable method for discovery of implicit connections, Journal...

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Joseph Altonji

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Most recently, Altonji, Anthony Smith Jr. and Ivan Vidangos used indirect inference to estimate a joint model of earnings, employment, job changes, wage...

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Briginshaw v Briginshaw

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should not be produced by inexact proofs, indefinite testimony, or indirect inferences. Everyone must feel that, when, for instance, the issue is on which...

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Proof by contradiction

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proved. In this general sense, proof by contradiction is also known as indirect proof, proof by assuming the opposite, and reductio ad impossibile. A mathematical...

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Evidentiality

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from hearsay, inference, or perception; however, some Turkic languages distinguish between reported indirect and non-reported indirect, see Johanson 2003...

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Statistical hypothesis test

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A statistical hypothesis test is a method of statistical inference used to decide whether the data sufficiently support a particular hypothesis. A statistical...

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Causal model

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relationships within an individual system or population. They facilitate inferences about causal relationships from statistical data. They can teach us a...

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Vyapti

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to the state of pervasion. It is considered as the logical ground of inference which is one of the means to knowledge. No conclusion can be inferred...

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Soil functions

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different types of soil based on direct field observations or on indirect inferences from souch sources such as aerial photographs. Soil maps can depict...

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Negative evidence in language acquisition

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which involve innate mechanisms. Indirect negative evidence refers to using what's not in the input to make an inference about what's not possible. For...

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Direct coupling analysis

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positions. DCA has been used in the inference of protein residue contacts, RNA structure prediction, the inference of protein-protein interaction networks...

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Contraposition

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logic and mathematics, contraposition, or transposition, refers to the inference of going from a conditional statement into its logically equivalent contrapositive...

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