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Violations of the Classical Assumptions

In: Econometrics

Author

Listed:
  • Badi H. Baltagi

    (Syracuse University)

Abstract

In this chapter, we relax the assumptions made in Chapter 3 one by one and study the effect of that on the OLS estimator. In case the OLS estimator is no longer a viable estimator, we derive an alternative estimator and propose some tests that will allow us to check whether this assumption is violated.

Suggested Citation

  • Badi H. Baltagi, 2011. "Violations of the Classical Assumptions," Springer Texts in Business and Economics, in: Econometrics, chapter 0, pages 95-129, Springer.
    • Handle: RePEc:spr:sptchp:978-3-642-20059-5_5
    DOI: 10.1007/978-3-642-20059-5_5
    as

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