Multicollinearity and maximum entropy leuven estimator

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Sougata Poddar;
  • Journal: Economics Bulletin,volume 3,issue 25,pages1-11
  • Subject: maximum entropy
    • jel: jel:C1

Multicollinearity is a serious problem in applied regression analysis. Q. Paris (2001) introduced the MEL estimator to resolve the multicollinearity problem. This paper improves the MEL estimator to the Modular MEL (MMEL) estimator and shows by Monte Carlo experiments t... View more
  • References (11)
    11 references, page 1 of 2

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