کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
983242 1480442 2015 15 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Alternative errors-in-variables models and their applications in finance research
ترجمه فارسی عنوان
مدلهای خطاهای متغیرها و کاربرد آنها در تحقیقات مالی
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
چکیده انگلیسی


• We show how errors-in-variables affect estimations in the regression model.
• We review and extend existing various errors-in-variables (EIV) estimation methods.
• We investigate how EIV estimation methods have been used to finance related studies.

Specification error and measurement error are two major issues in finance research. The main purpose of this paper is (i) to review and extend existing errors-in-variables (EIV) estimation methods, including classical method, grouping method, instrumental variable method, mathematical programming method, maximum likelihood method, LISREL method, and the Bayesian approach; (ii) to investigate how EIV estimation methods have been used to finance related studies, such as cost of capital, capital structure, investment equation, and test capital asset pricing models; and (iii) to give a more detailed explanation of the methods used by Almeida et al. (2010).

ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: The Quarterly Review of Economics and Finance - Volume 58, November 2015, Pages 213–227
نویسندگان
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