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Original Articles

Combining ridge and principal component regression:a money demand illustration

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Pages 197-205 | Published online: 27 Jun 2007

References

  • Cooley , T. and LeRoy , S. 1981 . Identification and Estimation of Money Demand . American Economic Review , 71 : 825 – 844 .
  • Friedman , M. “ The Quantity Theory of Money - a Restatement ” . In Studies in the Quantity Theory of Money , Edited by: Friedman . 3 – 21 . Chicago : University of Chicago Press .
  • Hoerl , A. and Kennard , R. 1970 . Ridge Regression:Applications to Nonorthogonal Proble . Technometrics , 12 : 69 – 82 .
  • Hoerl , A. 1970 . idge Regression:Biased Estimation for Nonorthogonal Problems . Technometrics , 12 : 55 – 67 .
  • Lin , K. and Kmenta , J. 1982 . Ridge Regression Under Alternative Loss Criteria . The Review of Economics and Statistics , 64 : 488 – 494 .
  • Tobin , J. 1958 . Liquidity Preference as Behavior Towards Risk . Review of Economic Studies , 25 : 65 – 86 .
  • Vinod , H. 1978 . A Survey of Ridge Regression and Related Techniques for Improvements over Ordinary Least Squar . The Review of Economics and Statistics , 60 : 121 – 131 .

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