All of the predictive methods implemented in PROC PLS work essentially by finding linear combinations of the predictors (factors) to use to predict the responses linearly. The methods differ only in ...

This is a preview. Log in through your library . Abstract In the present paper the authors propose an algorithmic procedure different from the known algorithms [1,2] of searching for the Liouvillian ...

This paper shows that in misspecified models with risk factors that are uncorrelated with the test asset returns, the conventional inference methods tend to erroneously conclude, with high probability ...