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About Sol Exam 2006
This document provides solutions to an econometrics exam with multiple questions. Question 1a analyzes the asymptotic properties of the ordinary least squares estimator (OLSE) in different cases: 1) When regressors are non-stochastic and bounded, the OLSE is consistent if the matrix converges to a positive definite matrix. Additional conditions are needed to show asymptotic normality. 2) When regressors follow a particular form, the problem reduces to a previous situation. 3) When regressors are stationary/ergodic but expectations differ, OLS is inconsistent. Question 1b considers estimating the variance when the parameter is known, and finds the asymptotic distribution converges to a normal under previous conditions
Detailed Information
| Author: | ['mustafa'] |
|---|---|
| Publication Year: | 2019 |
| Pages: | 12 |
| Language: | English |
| Format: | |
| Price: | FREE |
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