2021
DOI: 10.1016/j.matcom.2020.08.011
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Adaptive LASSO for selecting Fourier coefficients in a functional smooth time-varying cointegrating regression: An application to the Feldstein–Horioka puzzle

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Cited by 8 publications
(2 citation statements)
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“…To adjust for skewing commonly seen with count data, we followed Ma et al [36] in using Chebyshev polynomials transformation to normalize the distribution of all LENA-generated measures [115]. We chose the final Chebyshev polynomials model used to transform the data by using least absolute shrinkage and selection operator (LASSO) regression models [116]. We then predicted residuals using the final Chebyshev polynomials model.…”
Section: Plos Onementioning
confidence: 99%
“…To adjust for skewing commonly seen with count data, we followed Ma et al [36] in using Chebyshev polynomials transformation to normalize the distribution of all LENA-generated measures [115]. We chose the final Chebyshev polynomials model used to transform the data by using least absolute shrinkage and selection operator (LASSO) regression models [116]. We then predicted residuals using the final Chebyshev polynomials model.…”
Section: Plos Onementioning
confidence: 99%
“…vanced econometric techniques: the fully modified ordinary least squares and th namic ordinary least squares. The application of fully modified ordinary least squ supported by the findings of Gold et al [139], Young [140], and Maydeu-Olivares [141], while dynamic ordinary least squares is backed by the research of González res and Guizar [142] and Neto [143]. These methods are sophisticated adaptations classic least squares technique, devised to effectively tackle the endogeneity that arise in regressors from cointegration links and also to manage the impact of serial lation.…”
mentioning
confidence: 98%