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Advanced Industrial Economics,by Stephen Martin |
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| Authors: | Steven C. Hackett |
| Affiliation: | Indiana University, Bloomington |
| Abstract: | The author presents a simple proof of a property of the method of least squares variously known as the FWL, the Frisch-Waugh-Lovell, the Frisch-Waugh, or the decomposition theorem. |
| Keywords: | decomposition theorem FWL theorem Frisch-Waugh-Lovell theorem Frisch-Waugh theorem |