MSAE estimation: An alternative approach to regression analysis for economic forecasting applications

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^*The author is Assistant Professor of Finance, Faculty of Administrative Studies, York University, Ontario. Thanks are due to T. Sargent who suggested that the Cagan data be re-considered, and to Wm. F. Sharpe who checked and revised parts of the computer program used to obtain the MSAE estimates.

Notes

^*The author is Assistant Professor of Finance, Faculty of Administrative Studies, York University, Ontario. Thanks are due to T. Sargent who suggested that the Cagan data be re-considered, and to Wm. F. Sharpe who checked and revised parts of the computer program used to obtain the MSAE estimates.