A Comparison of Alternative Estimators of Linearly Aggregated Macro Models

نویسندگان

  • Fikri Akdeniz
  • Hans Joachim Werner
چکیده

This paper deals with the linear aggregation problem. For the true underlying micro relations, which explain the micro behavior of the individuals, no restrictive rank conditions are assumed. Thus the analysis is presented in a framework utilizing generalized inverses of singular matrices. We investigate several estimators for certain linear transformations of the systematic part of the corresponding macro relations. Homogeneity of micro parameters is discussed. Best linear unbiased estimation for micro parameters is described.

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تاریخ انتشار 2012