Choi, In - Research Institute for Market Economy, Sogang University - 2013
This paper derives Akaike?s (1973) Akaike information criterion (AIC), Hur- vich and Tsai?s (1989) corrected AIC, the Bayesian information criterion (BIC) of Akaike (1978) and Schwarz (1978), and Hannan and Quinn?s (1979) informa- tion criterion for factor models and studies the consistency...
