Areosa, Waldyr Dutra; McAleer, Michael; Medeiros, Marcelo C. - 2010
exogeneity, the standard method of estimation is nonlinear least squares. The primary purpose of this paper is to relax the … endogeneity, developing an estimation procedure and a misspecification test for the STR model, presenting the results of Monte … Carlo simulations to show the usefulness of the model and estimation method, and providing an empirical application for …