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Maximum quasilikelihood estimation for a simplified NEAR(1) model

✍ Scribed by Subashan Perera

Publisher
Elsevier Science
Year
2002
Tongue
English
Weight
112 KB
Volume
58
Category
Article
ISSN
0167-7152

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✦ Synopsis

As alternatives to maximum likelihood estimation, conditional least squares (CLS) and maximum quasilikelihood estimation, with asymptotic properties, are investigated using a simpliΓΏed NEAR(1) model. The maximum quasilikelihood estimator seems to perform better than the CLS estimator in simulations.

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