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Author Question: Describe the consequences of estimating an equation by OLS in the presence of an endogenous ... (Read 57 times)

imanialler

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on: Jun 29, 2018
Describe the consequences of estimating an equation by OLS in the presence of an endogenous regressor. How can you overcome these obstacles? Present an alternative estimator and state its properties.

Question 2

Using some of the examples from your textbook, describe econometric studies which required instrumental variable techniques.


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elizabethrperez

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Reply #1 on: Jun 29, 2018
Answer to Question 1



Answer to Question 2



imanialler

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Reply 2 on: Jun 29, 2018
Wow, this really help

tkempin

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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