Method evidence record
FMOLS Estimator
Fully Modified OLS, introduced by Phillips and Hansen (1990), estimates the long-run coefficients of a cointegrating relationship among I(1) variables. It applies a semi-parametric correction to ordinary least squares to remove the bias that endogeneity and serial correlation otherwise induce in cointegrated time series or panel data.
Source record
Citations copied verbatim from the method’s source record. No claim-level verification is inferred from them.
Fully Modified Ordinary Least Squares
Taxonomic method record · regression-model / econometrics
- Phillips, P. C. B. & Hansen, B. E. (1990). Statistical Inference in Instrumental Variables Regression with I(1) Processes. Review of Economic Studies, 57(1), 99–125. · DOI 10.2307/2297545
- Pedroni, P. (2001). Fully Modified OLS for Heterogeneous Cointegrated Panels. Advances in Econometrics, 15, 93–130. · DOI 10.1016/S0731-9053(00)15004-2
Curated claims
Claims persisted in the evidence ledger, each with its own assessment.
No curated claims yet
This view does not invent a claim assessment when the ledger has none.
Related methods
Generated from the method graph and shown as machine-suggested relations — no evidence claim is inferred.