Answers are grounded in this paper and cite their sources.
A simple generalization of the usual ridge regression estimator for the linear regression model is given which avoids the need to center all variables. The estimator is proved to be location invariant. This estimator is of pedagogical interest and in forecasting also of practical importance.
No takes yet. Share an insight, caveat, or question.
Philip J. Brown (1977) studied this question.
Synapse has enriched 10 related papers. Consider them for comparative context: