Question: In the linear projection model Y X0e consider the restriction 0. (a) Find the CLS estimator of under the restriction

In the linear projection model Y Æ ®ÅX0¯Åe consider the restriction ¯ Æ 0.

(a) Find the CLS estimator of ® under the restriction ¯ Æ 0.

(b) Find an expression for the efficient minimum distance estimator of ® under the restriction ¯ Æ 0.

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