Abstract
Monte Carlo evidence is provided that suggests that the continuous updating estimator might have a moment problem. In the linear simultaneous equation model, its performance in terms of sample median and standard deviation is virtually identical to the one of the limited information maximum likelihood estimator.
| Original language | English (US) |
|---|---|
| Journal | Economics Bulletin |
| Volume | 3 |
| Issue number | 1 |
| State | Published - 2005 |
All Science Journal Classification (ASJC) codes
- General Economics, Econometrics and Finance
Fingerprint
Dive into the research topics of 'Monte-Carlo evidence suggesting a no moment problem of the continuous updating estimator'. Together they form a unique fingerprint.Cite this
- APA
- Author
- BIBTEX
- Harvard
- Standard
- RIS
- Vancouver