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MAESHIRO, ASATOSHI
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(7)
answer(s).
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| Srl | Item |
| 1 |
ID:
364427
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| Publication |
Pittsburgh, Pennsylvania, Department of Economics, University of Pittsburgh, 1975.
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| Description |
Paperback Volume
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| Series |
Dept. of Economics, Univ. of Pittsburgh, Working Paper Series
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| Summary/Abstract |
The purpose of this note is to draw the attention of general practicing economists to the fact that some methods or short cuts of constructing a price index for capital goods that have been used in past studies of fixed investment at firm or industry levels, may not be appropriate for a similar study covering recent periods.
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Circulation
| Accession# | Current Location | Status | Policy | Location |
| G00729 | Main | On Shelf | NOT FOR ISSUE | |
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| 2 |
ID:
364428
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| Summary/Abstract |
This paper proposes a method of constructing a surrogate for the Net Stock of "Anything" that can depreciate, dissipate or become obsolete, when the only available information is a series on gross additions to the stock, e.g. a gross investment series, a series on new purchases of the given durable goods, etc.
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| 3 |
ID:
364430
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| Summary/Abstract |
For the estimation of a regression model with first order autocorrelation in the disturbance terms, the ordinary least squares estimator has been condemned, in general, as inferior to other contestants in various Monte Carlo Studies. This study provides a practical guide in the choice of estimators when an independent variable contains a trend.
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| 4 |
ID:
364417
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Note: Autoregressive transformation, trended independent variables and autocorrelated disturbance terms: Dept. of Economics, Univ. of Pittsburgh, Working Paper No. 11 (Reprinted from the The Review of Economics and Statistics, Published by Harvard University, Copyright, 1976, by the President and Fellows of Harvard College. Vol LVIII, No. 4, November 1976)
/ Maeshiro, Asatoshi
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| Summary/Abstract |
This paper argues that under one commonly observed condition the "Cochrane-Orcutt" (C-O) transformation reduces rather than increases the efficiency of these estimators. That case is an important one - when there is a moderate trend present in independent variables and the sample is is not very large.
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| 5 |
ID:
364423
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| Summary/Abstract |
The purpose of this note is to demonstrate, by using various examples, that when an independent variable contains a commonly observed amount of trend and the disturbances possess positive serial correlation, the increase in efficiency due to the retention of the first observations in the process of first-order serial correlation adjustment may be much larger than what is expected apriori or from the results of Monte carlo Studies
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| 6 |
ID:
364433
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| Summary/Abstract |
The purpose of this note is to point out that some of the well-known pseudo-generalized least squares estimators (e.g., the two-step and interactive Cochrane-Orcutt Estimators (1949), the two-step and interactive Prais-Winsten Estimators (1954), The Durbin Estimator (1960) etc.) are unbiased under very reasonable conditions,provided their means exist.
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| 7 |
ID:
364443
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| Publication |
Pittsburgh, Pennsylvania, Department of Economics, University of Pittsburgh, 1976.
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| Description |
Paperback Volume
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| Series |
Dept. of Economics, Univ. of Pittsburgh, Working Paper Series
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| Summary/Abstract |
This paper demonstrates that in estimating SUR models possessing trended independent variables and autoregressive disturbances it is imperative that both the auto-and cross-correlations of the disturbances be properly taken into account. Othewise, one might do more harm than good.
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Circulation
| Accession# | Current Location | Status | Policy | Location |
| G00731 | Main | On Shelf | NOT FOR ISSUE | |
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