TITLE:
Estimators Without Moments: The Case of the Reciprocal of a Normal Mean
JOURNAL:
Journal of Econometrics
DATE OF PUBLICATION:
Feburary 1981
ASTRACT:
The appropriateness of using an estimator which has no moments depend very much on the loss function. This is illustrated by an example. In this paper the properties of various estimates of the reciprocal of the normal mean are analyzed with respect to different kinds of loss functions.
REFERENCE:
Zaman, Asad; Estimators Without Moments: The Case of the Reciprocal of a Normal Mean.” Journal of Econometrics, Vol. 15, No. 2, pp. 289-298, February 1981.