ADCAPM

Included are the procedure adcapm.g with a file adcapm.rdme which
discusses installation and the estimation procedure. Adcapm.g adaptively estimates the
coefficient vector in the estimation of a linear regression model . The procedure provides
estimates of the parameters using OLS, one-step adaptive, and an iterative adaptive
estimates.  The procedures implement the estiamator discussed in K. Vorkink(2001),
"Return Distributions and Improved Tests of Asset Pricing Models," working Paper,
Marriott School of Management.
 

Download in Text format:  download adcapm.g
                                        download readme file
 
 

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