K-class estimation is a class of estimation methods that include the 2SLS, OLS, LIML, and MELO methods as special cases. A K-value less than 1 is recommended but not required. MELO is a Bayesian ...

Like OLS, the SUR method assumes that all the regressors are independent variables, but SUR uses the correlations among the errors in different equations to improve the regression estimates. The SUR ...

In this paper we provide short- and long-run tax buoyancy estimates for 107 countries (distributed between advanced, emerging and low-income) for the period 1980–2014. By means of Fully-Modified OLS ...