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A Simple, Positive Semi-Definite, Heteroskedasticity and AutocorrelationConsistent Covariance Matrix / Whitney K. Newey, Kenneth D. West.

NBER Working papers Available online

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Format:
Book
Author/Creator:
Newey, Whitney K.
Contributor:
National Bureau of Economic Research.
West, Kenneth D.
Series:
Technical Working Paper Series (National Bureau of Economic Research) no. t0055.
NBER technical working paper series no. t0055
Language:
English
Physical Description:
1 online resource: illustrations (black and white);
Place of Publication:
Cambridge, Mass. National Bureau of Economic Research 1986.
Summary:
This paper describes a simple method of calculating a heteroskedasticity and autocorrelation consistent covariance matrix that is positive semi-definite by construction. It also establishes consistency of the estimated covariance matrix under fairly general conditions.
Notes:
Print version record
April 1986.

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