[Answered] Describe the consequences of estimating an equation by OLS in the presence of an endogenous ...

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imanialler

Hero Member
Posts: 539

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

Sr. Member
Posts: 344

Reply #1 on: Jun 29, 2018

Answer to Question 1

Answer to Question 2

imanialler

Member
Posts: 539

Reply 2 on: Jun 29, 2018

YES! Correct, THANKS for helping me on my review

bigsis44

Member
Posts: 317

Reply 3 on: Yesterday

Excellent

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