Powell(1984,JournalofEconometrics)madethebrilliantobservationthatwhene - PDF document

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Powell(1984,JournalofEconometrics)madethebrilliantobservationthatwhene - PPT Presentation

ndN0V80 VQ1 Q1 E1iXiX0iQ2Ef0jXi1iXiX0i1i1X0i0wheref0jxistheconditionaldensityofeigivenXixattheoriginThederivationofthisresultisnotmuchdi ID: 243560

n^!dN(0;V)80 V=Q1 Q1 =E1iXiX0iQ=2Ef(0jXi)1iXiX0i1i=1X0i0wheref(0jx)istheconditionaldensityofeigivenXi=xattheorigin.Thederivationofthisresultisnotmuchdi

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