@article{e0312b30ccb9461f8318607ea30c0d6b,
title = "The Falstaff estimator",
abstract = "Correcting for heteroscedasticity in GMM estimation of the linear model can improve upon the Gauss-Markov estimator even when there is no heteroscedasticity to correct.",
keywords = "C13, C20, GMM, Heteroscedasticity, Moment expansion, Robustness",
author = "Roger Koenker and MacHado, {Jos{\'e} A.F.}",
note = "Funding Information: This paper began on a napkin at the Falstaff Cafe near the Grand Place in Brussels. We wish to express our appreciation to the proprietors of this august institution for bibulous encouragement, and more circumspectly to the NSF for support under grant SBR-93-20555, and program Praxis XXI under grant 2/2.1/ECO/28/94. ",
year = "1998",
month = oct,
day = "1",
doi = "10.1016/s0165-1765(98)00122-0",
language = "English (US)",
volume = "61",
pages = "23--28",
journal = "Economics Letters",
issn = "0165-1765",
publisher = "Elsevier B.V.",
number = "1",
}