Abstract
This paper shows that the bootstrap does not consistently estimate the asymptotic distribution of the maximum score estimator. The theory developed also applies to other estimators within a cube-root convergence class. For some single-parameter estimators in this class, the results suggest a simple method for inference based upon the bootstrap.
| Original language | English |
|---|---|
| Pages (from-to) | 1175-1204 |
| Number of pages | 30 |
| Journal | Econometrica |
| Volume | 73 |
| Issue number | 4 |
| DOIs | |
| Publication status | Published - 1 Jul 2005 |
| Externally published | Yes |
Keywords
- Bootstrap
- Cube-root asymptotics
- Maximum score estimation
ASJC Scopus subject areas
- Economics and Econometrics