Ordinary Least Squares (OLS) estimation of monetary policy rules produces potentially inconsistent estimates of policy parameters. The reason is that central banks react to variables, such as ...
PROC SYSLIN performs OLS regression if you do not specify a method of estimation in the PROC SYSLIN statement. OLS does not use instruments, so the ENDOGENOUS and INSTRUMENTS statements can be omitted ...
One of the most important uses of PROC MODEL is to estimate unknown parameters in a nonlinear model. A simple nonlinear model has the form: where x is a vector of exogenous variables. To estimate ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results