Working paper
We Ran One Regression.
- Abstract:
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The recent controversy over model selection in the context of 'growth regressions' has led to some remarkably numerous 'estimation' strategies, including 4 million regressions by Sala-i-Martin (1997b). Only one regression is really needed, namely the general unrestricted model, appropriately reduced to a parsimonious encompassing congruent representation. Such an outcome was achieved in one run on PcGets, within 15 minutes of receiving from Professor Ley the data set in Fernandez et al (2001)...
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Authors
Bibliographic Details
- Publisher:
- Nuffield College (University of Oxford)
- Series:
- Economics Working Papers
- Publication date:
- 2004-03-10
Item Description
- Language:
- English
- UUID:
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uuid:557878d4-ae8e-4802-8711-4ccd2c155c78
- Local pid:
- oai:economics.ouls.ox.ac.uk:11920
- Deposit date:
- 2011-08-16
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- Copyright date:
- 2004
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