First release
- As shown in the paper, we propose a simulated general method of moments (SGMM) for the SAR model (see function smmSAR and Section 2 of our vignette).
- We can now estimate the maximal bias of the instrumental variable estimator (see Section 1.1 and 1.2 of our vignette).
- We provide a smoother simulator of adjacency matrices in the SGMM approach.
- We add weights to the probit/logit network formation model.
- We allows the use of an initial probit/logit estimate of
$\rho$ , where the observed part of the network is assumed non-stochastic in the MCMC. This is a quite different from using an initial probit/logit estimate as prior distribution of$\rho$ . In this latter case,$\rho$ is updated using, among others, information from the observed part of the network. In the first case,$\rho$ and the unobserved part of the network are updated using information in$y$ , where the initial estimate acts as prior distribution of$\rho$ . Information from the observed part of the network is not used to update$\rho$ . This information is included in the initial estimate.
Adjustments with Eigen 3.4
Adjustments with CDatanet 2.2.0