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Simultaneous equations estimation techniques: A comment

✍ Scribed by Leen Hordijk; Peter Mastenbroek


Book ID
116103879
Publisher
Elsevier Science
Year
1978
Tongue
English
Weight
586 KB
Volume
8
Category
Article
ISSN
0166-0462

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Robust estimation in simultaneous equati
✍ Ricardo A. Maronna; VΓ­ctor J. Yohai πŸ“‚ Article πŸ“… 1997 πŸ› Elsevier Science 🌐 English βš– 516 KB

In this paper we review existing work on robust estimation for simultaneous equations models. Then we sketch three strategies for obtaining estimators with a high breakdown point and a controllable efficiency: (a) robustifying three-stage least squares, (b) robustifying the full information maximum