A Rare Events Model: Monte Carlo Results on Sample Design and Large Sample Guidance
Craig Hiemstra and Harry H. Kelejian
,
3
(
37
)
Economics Letters
225-263
November
1991
Abstract
A rare event model is specified in which the event is sometimes recorded, and when recorded, its extent is sometimes understated. Monte Carlo Results are given which relate to the sample design and convergence in distribution of the estimators.
