Before revision: The Quasi-Maximum Likelihood (QML) procedure is widely used for statistical inference due to its robustness against overdisper-sion. However, while there are extensive references on non-recursive QML estimation , recursive QML estimation has attracted little attention until recently.
After revision: The Quasi-Maximum Likelihood (QML) procedure is widely used for statistical inference . While there are extensive references on non-recursive QML estimation , recursive QML estimation has attracted little attention until recently.