Compute HAC standard errors for least squares estimates. Explain why they are used.

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Principles Of Econometrics

ISBN: 9781118452271

5th Edition

Authors: R Carter Hill, William E Griffiths, Guay C Lim

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Question Posted: Mar 30, 2024 11:00 AM

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Compute HAC standard errors for least squares estimates. Explain why they are used.

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HAC Heteroscedasticity and Autocorrelation Consistent standard errors are a type of robust standard errors that are used to address potential issues of heteroscedasticity and autocorrelation in the re...View the full answer

Principles Of Econometrics

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