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Unformatted text preview: BKW 110-111 Belsley, Kuh, and Welsch example on variance- (One page) decomposition proportions Judge, Unnumbered Collinearity diagnostics on the Klein model. et al. (One page) (Example taken from pages 871-874 of Introduction to the Theory and Practice of Econometrics) New Topic: Restricted Least Squares BM Unnumbered Components of the loss function for each of three estimators. These (Two pages) pages illustrate the trade-off between variance and bias squared. (These two pages were the last two pages of the six-page handout directly above.). BM 50-51 Distinction: Exact restrictions that are true: The Case 1 RLS Estimator Exact restrictions that are untrue: The Case 2 RLS Estimator BM 51-52 Summary of the major features of the Case 1 RLS estimator BM 52-56 Deriving the estimator associated with restrictions that are exact and true. These pages are tedious because of the mathematics....
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This note was uploaded on 12/08/2011 for the course ECON 703 taught by Professor Bernardmorzuch during the Fall '10 term at UMass (Amherst).
- Fall '10