LIML

  • 1 Posts
  • 1 Sections
  • 1 Types
August 31, 2024 4 min read Definitions
Limited Information Maximum Likelihood (LIML) Estimation: An Efficient Single Equation Estimator
Economics Statistics Estimation LIML Simultaneous Equations Likelihood Function Linear Models
A method of estimation of a single equation in a linear simultaneous equations model based on the maximization of the likelihood function, subject to the restrictions imposed by the structure.
Read more about Limited Information Maximum Likelihood (LIML) Estimation: An Efficient Single Equation Estimator.

Finance Dictionary Pro

Our mission is to empower you with the tools and knowledge you need to make informed decisions, understand intricate financial concepts, and stay ahead in an ever-evolving market.