This topic contains a solution. Click here to go to the answer

Author Question: Describe the consequences of estimating an equation by OLS in the presence of an endogenous ... (Read 85 times)

imanialler

  • Hero Member
  • *****
  • Posts: 539
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.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

elizabethrperez

  • Sr. Member
  • ****
  • Posts: 344
Answer to Question 1



Answer to Question 2





imanialler

  • Member
  • Posts: 539
Reply 2 on: Jun 29, 2018
Wow, this really help


gcook

  • Member
  • Posts: 343
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

Did you know?

According to the American College of Allergy, Asthma & Immunology, more than 50 million Americans have some kind of food allergy. Food allergies affect between 4 and 6% of children, and 4% of adults, according to the CDC. The most common food allergies include shellfish, peanuts, walnuts, fish, eggs, milk, and soy.

Did you know?

The horizontal fraction bar was introduced by the Arabs.

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

For a complete list of videos, visit our video library