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On Optimal Instrumental Variables Estimation of Stationary Time Series Models / Kenneth D. West.

NBER Working papers Available online

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Format:
Book
Author/Creator:
West, Kenneth D.
Contributor:
National Bureau of Economic Research.
Series:
Technical Working Paper Series (National Bureau of Economic Research) no. t0249.
NBER technical working paper series no. t0249
Language:
English
Subjects (All):
Estimation theory.
Measurement uncertainty (Statistics).
Physical Description:
1 online resource: illustrations (black and white);
Place of Publication:
Cambridge, Mass. National Bureau of Economic Research 2000.
Cambridge, Massachusetts : National Bureau of Economic Research, 2000.
Summary:
In many time series models, an infinite number of moments can be used for estimation in a large sample. I supply a technically undemanding proof of a condition for optimal instrumental variables use of such moments in a parametric model. I also illustrate application of the condition in estimation of a linear model with a conditionally heteroskedastic disturbance.
Notes:
Print version record
January 2000.

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