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Identification of Dynamic Latent Factor Models: The Implications of Re-Normalization in a Model of Child Development

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NBER2016-07-01 更新2025-01-04 收录
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A recent and growing area of research applies latent factor models to study the development of children's skills. Some normalization is required in these models because the latent variables have no natural units and no known location or scale. We show that the standard practice of re-normalizing the

创建时间:
2016-07-01
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