Abstract
The model is estimated by Three Stages Least Squares adopting the ‘general to specific’ methodology according to which the final parsimonious estimate is obtained from an initial unrestricted over-parametrized system (Hendry, 1989; Hendry and Richard, 1983).
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© 1999 Annalisa Cristini
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Cristini, A. (1999). Estimations and Simulations. In: Unemployment and Primary Commodity Prices. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-14972-8_4
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DOI: https://doi.org/10.1007/978-1-349-14972-8_4
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-14974-2
Online ISBN: 978-1-349-14972-8
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