Econometrica: Jul 1974, Volume 42, Issue 4
Asymptotic Minimum-MSE Prediction in the Cobb-Douglas Model with a Multiplicative Disturbance Term
https://doi.org/0012-9682(197407)42:4<737:AMPITC>2.0.CO;2-4
p.
737-748
Dennis J. Aigner
A nonparametric framework for deriving the asymptotic MSE-optimal predictor for a multiplicative model is presented. The resulting predictor is compared to several known competitors in a limited Monte Carlo experiment.Log In To View Full Content