Missing Functional Data

Missing Functional Data - (?428J20C8>= )4BC 5>A...

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C> C74 JABC 3428<0; 4G24?C 5>A C74 20B4 F74= C74A4 8B 0  >5 <8BB8=6 30C0 0=3    = C78B 20B4 1>C7 1>D=3B 0224?C43  >5 C74 B8<D;0C8>=B 1DC C74 0;C4A=0C8E4 F>ABC 20B4 B24=0A8> 1>D=3B A4942C43   >5 C74 B8<D;0C8>=B F74A40B C74 0;C4A=0C8E4 F>ABC 20B4 B24=0A8> 1>D=3B A4942C43  >5 C74 B8<D;0C8>=B )74 =D<14AB ?A4B4=C43 8= C74 C01;4 0A4 C74 >=4B 2>AA4B?>=38=6 C> C74 0;C4A=0C8E4 F>ABC 20B4 B24=0A8> 1>D=3B  %4A24=C064 >5 <8BB8=6 30C0  '49        #> '49   =2    '49         #> A49    =2    '49     #> A49      =2      )01;4  '4BD;CB >5 B8<D;0C8>=B D=34A C74 JABC 0;C4A=0C8E4 7H?>C74B8B !,/6.$5,104 60'(3 5+( $.5(30$5,7( ,4 2>=B834A CF> E4AB8>=B >5 0= 0;C4A=0C8E4 7H?>C74B8B >5 C74 DA34CC ">AC4=B4= <>34; = C74 JABC 0;C4A=0C8E4 7H?>C74B8B F4 0;;>F 5>A 502C>AB >C74A C70= C74 F064 ;4E4; C> 0O42C C74 @D0;8CH >5 C74 9>1 = C74 ?A4E8>DB;H 34B2A8143 <>34; 0 9>1 >O4A 8B 2><?;4C4;H 270A02C4A8I43 1H C74 F064 ;4E4; )78B 8B >1E8>DB;H 0 B8<?;8J20C8>= 0B 8= A40;8CH 9>1B 0A4 34B2A8143 1H 0 E42C>A >5 270A02C4A8BC82B F74A4 C74 F064 8B >=;H >=4 >5 C74< B 0 2>[email protected]=24 >5 C78B B8<?;8J20C8>= 4<?;>H43 F>A:4AB F8;; >=;H 0224?C 0 =4F 9>1 >O4A 85 C74 =4F F064 8B 78674A C70= C74 2DAA4=C F064 0=3 74=24 0;; 9>1 C> 9>1 CA0=B8C8>=B F8;; 64=4A0C4 D?F0A3 9D<?B 8= C74 F064 ?A>J;4 ,4 8=CA>3D24 C74 ?>BB818;8CH >5 F064 342A40B4B 8= 9>1 C> 9>1 CA0=B8C8>=B 8= C74 5>;;>F8=6 F0H 0;5 >5 C74 8=38E83D0;B >5 C74 B0<?;4 F8;; 1470E4 4G02C;H 0B 8=3820C43 8= C74 DA34CC ">AC4=B4= <>34; )74 A4<08=8=6 70;5 >5 C74 B0<?;4 F8;; 0224?C 0=H 9>1 >O4A C70C 8B ?A4B4=C43 C> C74< = ?0AC82D;0A F74= 4<?;>H43 C74B4 8=38E83D0;B F8;; 0224?C 0=H =4F 9>1 >O4A 4E4= 85 C74 =4F 9>1 8<?;84B 0 F064 2DC ;; C74 A4<08=8=6 ?0A0<4C4AB 0A4 B?428J43 0B 8= C74 =D;; 7H?>C74B8B )01;4 ?A4B4=CB C74 B8<D;0C8>= A4BD;CB 5>A 1>C7 C74 0;C4A=0C8E4 0=3 0;C4A=0C8E4 F>ABC 20B4 B24=0A8> 1>D=3B = C74 20B4 F8C7 => <8BB8=6 30C0 C74 C4BC C4=3B C> A4942C F8C7 E4AH 7867 [email protected]=2H A4E40;8=6 C70C C74 C4BC 70B 6>>3 ?>F4A 0608=BC C78B 0;C4A=0C8E4 B 8C 8B 4G?42C43 C74 ?4A24=C064 >5 A4942C8>= 8=2>=2;DB8E4 A4BD;CB 342A40B4B 8=2A40B4B 0B C74 ?4A24=C064 >5 <8BB8=6 30C0 8=2A40B4B #4E4AC74 ;4BB 4E4= F8C7 <8BB8=6 30C0 C74 ?4A24=C064 >5 A4942C8>= 8B B86=8J20=C;H ;0A64A C70= C74 ;4E4; >5 C74 C4BC = >C74A F>A3B >DA B?428J20C8>= C4BC 8B BC8;; 8=5>A<0C8E4 4E4= D=34A C74 ?A4B4=24 >5 <8BB8=6 30C0 = >DA B42>=3 0;C4A=0C8E4 7H?>C74B8B F4 8=CA>3D24 D=>1B4AE43 74C4A>64=48CH 8= C74 F>A:5>A24 ,4 0;;>F 5>A F>A:4AB C> 14 >5 CF> CH?4B BC01;4 0=3 D=BC01;4 F7827 F8;; 38O4A 8= C748A CA0=B8C8>= A0C4B (C01;4 F>A:4AB F8;; 70E4 CA0=B8C8>= A0C4B 34C4A<8=43 1H C74 5>;;>F8=6 ?0A0<4C4AB     F74A40B D=BC01;4 F>A:4AB F8;; 70E4 CA0=B8C8>= A0C4B 34C4A<8=43 1H C74   5>;;>F8=6 ?0A0<4C4AB       B 0 2>[email protected]=24 D=BC01;4 F>A:4AB F8;; CA0=B8C8>= <>A4 >5C4= 14CF44= 4<?;>H<4=C 0=3 D=4<?;>H<4=C 0=3 5A>< 9>1 C> 9>1 C70= BC01;4 F>A:4AB ,4 B?4285H 70;5 >5 >DA F>A:4AB C> 14 BC01;4 0=3 70;5 C> 14 D=BC01;4 )74 A4<08=8=6 ?0A0<4C4AB 0A4 B4C C> 14 4G02C;H 0B 8= C74 =D;; 7H?>C74B8B )01;4 ?A4B4=CB B8<D;0C8>=B 5A>< C78B )74 A4BD;CB >5 C74 C4BC D=34A C74 CF> 0;C4A=0C8E4 F>ABC 20B4 B24=0A8> 1>D=3B 0A4 [email protected]; D? C> C74 JABC 3428<0;  %4A24=C064 >5 <8BB8=6 30C0  '49         #> '49    =2      '49       #> A49   =2    '49       #> A49      =2     )01;4  '4BD;CB >5 B8<D;0C8>=B D=34A C74 B42>=3 0;C4A=0C8E4 7H?>C74B8B 0;C4A=0C8E4 7H?>C74B8B 5>A 1>C7 C74 0;C4A=0C8E4 0=3 0;C4A=0C8E4 F>ABC 20B4 B24=0A8> 1>D=3B $=24 0608= >DA B?428J20C8>= C4BC 8B BC8;; 8=5>A<0C8E4 4E4= D=34A C74 ?A4B4=24 >5 B86=8J20=C 0<>D=C >5 <8BB8=6 30C0 8= C74 B0<?;4 !,/6.$5,104 )31/ 5+( .$&- !&+1.(4 /1'(. )74 ;02: (27>;4B <>34; 8B C74 2>A=4ABC>=4 >5 C74 >?C8>= ?A828=6 J=0=24 ;8C4A0CDA4 0B43 >= 0 B4C >5 B8<?;4 0BBD<?C8>=B C78B <>34; 34;8E4AB 0 2;>B43 5>A< 5>A<D;0 5>A C74 ?A824 >5 0 DA>?40= 20;; >A ?DC >?C8>= $=4 :4H 0BBD<?C8>= 8= C78B <>34; 8B C70C C74 A4CDA= C> C74 E0;D4 >5 C74 D=34A;H8=6 0BB4C ?A824 1470E4B ;8:4 0 A>F=80= <>C8>= F8C7 0 =>= BC>270BC82 3A85C 0=3 0 =>= BC>270BC82 E>;0C8;8CH ?A>24BB = 8CB <>BC B8<?;8BC82 E4AB8>= C74 3A85C 0=3 C74 E>;0C8;8CH 0A4 0BBD<43 C> 14 2>=BC0=C 5 F4 0BBD<4 C70C C74 A4<08=8=6 0BBD<?C8>=B >5 C74 ;02: (27>;4B <>34; 7>;3 0 C4BC >5 F74C74A C74 A4CDA=B >5 C74 D=34A;H8=6 1470E4 ;8:4 0 A>F=80= <>C8>= F>D;3 14 0 B?428J20C8>= C4BC 5>A C74 ;02: (27>;4B <>34; ,8C7 C78B <>C8E0C8>= 0B 102:6A>D=3 D4BC0 ;14AC>B 34; 0AA8> A08<0= 0=3 "0;CAP= ./ ?A4B4=C ">=C4 0A;> B8<D;0C8>=B >5 C78B B?428J20C8>= C4BC ,4 ?A>3D24 >DA B8< D;0C8>=B DB8=6 C748A 34B86= )74 A4CDA= ?0C7B 0A4 38BCA81DC43 022>A38=6 C74 5>;;>F8=6 BC>270BC82 ?A>24BB  1  0 0 1 0 #  1 1 $ 1 $ 1 $ #  1 F74A4 8B 0 BC0=30A3 A>F=80= <>C8>= 0=3 C74 0LB 0=3 C74 $LB 0A4 2>=BC0=CB *=34A C74 =D;; 7H?>C74B8B C70C A4CDA=B 0A4 38BCA81DC43 022>A38=6 C> 0 A>F=80= <>C8>= $ A4?A4B4=CB C74 3A85C 0 A4?A4B4=CB C74 E>;0C8;8CH 0=3 0 0 $ 0=3 $ 0A4 0;; [email protected]; C> I4A> H B4CC8=6 38O4A4=C E0;D4B 5>A C74 0LB 0=3 C74 $LB F4 64=4A0C4  38O4A4=C B?428J20C8>=B F7827 0A4 34B2A8143 8= C01;4  #>C824 C70C >=;H B?428J20C8>=B 0=3 B0C8B5H C74 =D;; 7H?>C74B8B A>F=80= <>C8>= F8C7>DC 0=3 F8C7 3A85C A4B?42C8E4;H F74A40B C74 A4BC >5 C74 <>34;B 0A4 4G0<?;4 >5 C74 0;C4A=0C8E4 7H?>C74B8B $DA B8<D;0C43 30C0 A4?A4B4=CB A0=3><;H B4;42C43 BC>2: JA< ?A824B F7827 F4 8=C4=3 C> >1B4AE4 2>=C8=D>DB;H >E4A CF> H40AB 5 >DA 30C0 8B 2><?>B43 >5 BC>2: A4CDA= ?0C7B <8BB8=6 30C0 =0CDA0;;H >22DAB F74= JA<B 6> >DC >5 1DB8=4BB 0=3 BC>? 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This note was uploaded on 12/26/2011 for the course ECON 245a taught by Professor Staff during the Fall '08 term at UCSB.

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