Search Results - subject:"Unique coefficient"

Endogeneity, time-varying coefficients, and incorrect vs. correct ways of specifying the error terms of econometric models

Swamy, Paravastu A. V. B.; Mehta, Jatinder S.; Chang, I-Lok - In: Econometrics : open access journal 5 (2017) 1, pp. 1-17

represent the error term. In this case; the unique coefficient on any non-constant regressor takes the form of the sum of a bias …

Persistent link: https://www.econbiz.de/10011654066

Endogeneity, time-varying coefficients, and incorrect vs. correct ways of specifying the error terms of econometric models

Swamy, P. A. V. B.; Mehta, Jatinder S.; Chang, I-Lok - In: Econometrics 5 (2017) 1, pp. 1-17

represent the error term. In this case; the unique coefficient on any non-constant regressor takes the form of the sum of a bias …

Persistent link: https://www.econbiz.de/10011755362

Two applications of the random coefficient procedure : correcting for misspecifications in a small area level model and resolving Simpson's paradox

Swamy, Paravastu A. V. B.; Mehta, J. S.; Tavlas, George S. - In: Economic modelling 45 (2015), pp. 93-98

Persistent link: https://www.econbiz.de/10011334147

Two applications of the random coefficient procedure: Correcting for misspecifications in a small area level model and resolving Simpson's paradox

Swamy, P.A.V.B.; Mehta, J.S.; Tavlas, G.S.; Hall, S.G. - In: Economic Modelling 45 (2015) C, pp. 93-98

We apply a random-coefficient framework to deal with two problems frequently encountered in applied work. First, we use a real-world relationship to derive a sub-relationship among fewer variables without introducing any specification error to correct misspecifications in a small area level...

Persistent link: https://www.econbiz.de/10011190227