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Author Question: Describe the consequences of estimating an equation by OLS in the presence of an endogenous ... (Read 68 times)

imanialler

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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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Answer to Question 1



Answer to Question 2





imanialler

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it


bigsis44

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Reply 3 on: Yesterday
Excellent

 

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