• Title of article

    Rescaled methods-of-moments estimation for the Box-Cox regression model

  • Author/Authors

    Powell، نويسنده , , James L. ، نويسنده ,

  • Issue Information
    روزنامه با شماره پیاپی سال 1996
  • Pages
    7
  • From page
    259
  • To page
    265
  • Abstract
    To eliminate an inconsistent minimizer (at infinity) for a generalized method-of-moments (GMM) estimator for the Box-Cox regression model, the minimand is rescaled using the geometric mean of the dependent variable. This rescaling does not affect the asymptotic distribution of the consistent root.
  • Keywords
    rescaling , Box-Cox regression , Non-linear two-stage least squares , Generalized method-of-moments
  • Journal title
    Economics Letters
  • Serial Year
    1996
  • Journal title
    Economics Letters
  • Record number

    434124