The Taylor approximation to the n-input constant elasticity of substitution (CES) function is presented and compared to Kmenta's well-known approximation for n = 2. The n-input approximation is, as ...

Transactions of the American Mathematical Society, Vol. 223 (Oct., 1976), pp. 103-131 (29 pages) This paper demonstrates a Remez exchange algorithm applicable to approximation of real-valued ...

Linear regression is a powerful and long-established statistical tool that is commonly used across applied sciences, economics and many other fields. Linear regression considers the relationship ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Stein's method has emerged as a critical framework in the study of distributional approximations, providing quantitative bounds between probability distributions through the formulation and solution ...