Comparative study between MAVE and MAVE r method in estimating single parametric index models: Applied study

Abstract

In this research, a comparative study was conducted between the MAVE and rMAVE
method in estimating the quasi-parametric single-index models, which are two iterative methods.
They work on estimating the parameters vector and the correlation function simultaneously for these
models. Factors affecting the value of money supply in the Central Bank of Iraq for the purpose of
comparison and verification of the performance of these methods in practice. In general, it was found
that the MAVE method is the best method based on the average error boxes (MSE) for comparison
and all the results were obtained based on the statistical program (R-Package).