Prais–Winsten estimation
id:
prais-winsten-estimation-257-15309878
title:
Prais–Winsten estimation
text:
In econometrics, Prais–Winsten estimation is a procedure meant to take care of the serial correlation of type AR(1) in a linear model. Conceived by Sigbert Prais and Christopher Winsten in 1954, it is a modification of Cochrane–Orcutt estimation in the sense that it does not lose the first observation, which leads to more efficiency as a result and makes it a special case of feasible generalized least squares.
brand slug:
wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/Prais%E2%80%93Winsten_estimation
date created:
date modified:
2022-02-23T12:12:50Z
main entity:
{"identifier":"Q7238113","url":"https://www.wikidata.org/entity/Q7238113"}
image:
fields total:
13
integrity:
13