The Restricted Least Squares Estimator: A Pedagogical Note.

A-Tier
Journal: Review of Economics and Statistics
Year: 1991
Volume: 73
Issue: 3
Pages: 563-67

Authors (2)

Score contribution per author:

2.011 = (α=2.01 / 2 authors) × 2.0x A-tier

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

Abstract

The authors obtain expressions for the restricted least squares estimator and its covariance matrix in the classical regression model when the matrix of regressors is not necessarily of full rank. The standard expressions for the restricted least squares estimator are not usable in the short rank case because they rely on the unrestricted estimator. But, in the presence of restrictions, the restricted least squares estimator may be computable even if the unrestricted estimator is not. The authors' derivation produces some additional, useful algebraic results for least squares computation. Copyright 1991 by MIT Press.

Technical Details

RePEc Handle
repec:tpr:restat:v:73:y:1991:i:3:p:563-67
Journal Field
General
Author Count
2
Added to Database
2026-01-25