Econometrics: FWL Theorem Algebraic Intuition
Автор: Theo Jeong
Загружено: 2024-11-19
Просмотров: 1094
Описание:
This video does not intend to show a formal proof of the FWL Theorem.
However, it instead tries to provide viewers with an intuitive explanation (in algebraic terms) as to how it is useful in the context of linear regressions and OLS estimation.
This video therefore explains the big picture purpose behind this fundamental building block of theoretical econometrics.
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