@article{HonoreHu2015a, abstract = {{The bootstrap is a convenient tool for calculating standard errors of the parameter estimates of complicated econometric models. Unfortunately, the fact that these models are complicated often makes the bootstrap extremely slow or even practically infeasible. This paper proposes an alternative to the bootstrap that relies only on the estimation of one-dimensional parameters. This can result in substantial reductions in computing times for models that are estimated by non–smooth objective functions or discontinuous moment conditions. The paper contains no new difficult math. But we believe that it can be useful.}}, author = {Honor\'{e}, Bo E. and Hu, Luojia}, citeulike-article-id = {13697274}, citeulike-linkout-0 = {http://ssrn.com/abstract=2577508}, citeulike-linkout-1 = {http://papers.ssrn.com/sol3/Delivery.cfm/SSRN\_ID2613516\_code379856.pdf?abstractid=2577508\&mirid=1}, day = {14}, journal = {Social Science Research Network Working Paper Series}, month = mar, posted-at = {2015-08-07 16:07:03}, priority = {2}, title = {{Poor (Wo)man's Bootstrap}}, url = {http://ssrn.com/abstract=2577508}, year = {2015} }