Spatial econometrics addresses the challenges posed by spatially correlated data, enabling researchers to understand and quantify how economic phenomena in one location can influence those in ...

We study inference in structural models with a jump in the conditional density, where location and size of the jump are described by regression curves. Two prominent examples are auction models, where ...

This paper points to some of the difficulties in large-scale econometric modeling. The major issues here include the logic of the equations, the nature of the stochastic disturbance terms, the logic ...