A Double Length Regression Computation Method for the 2SGLS Estimator of Rational Expectations Models.

B-Tier
Journal: Oxford Bulletin of Economics and Statistics
Year: 1996
Volume: 58
Issue: 2
Pages: 423-29

Authors (2)

Ma, Yue (City University) Liu, Shuangzhe (not in RePEc)

Score contribution per author:

1.005 = (α=2.01 / 2 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

This paper extends a matrix inverse result of M. L. Higgins (1994) and presents a new unified double length regression method to calculate the two-step generalized least squares estimators of two types of rational expectations models with current anticipated and unanticipated components. The estimator can be applied directly in most of the standard econometric computer packages such as PC-Give and Microfit. Copyright 1996 by Blackwell Publishing Ltd

Technical Details

RePEc Handle
repec:bla:obuest:v:58:y:1996:i:2:p:423-29
Journal Field
General
Author Count
2
Added to Database
2026-01-25