This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Describe the consequences of estimating an equation by OLS in the presence of an endogenous ... (Read 96 times)

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.


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



Answer to Question 2



imanialler

  • Member
  • Posts: 539
Reply 2 on: Jun 29, 2018
Gracias!

rleezy04

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

Did you know?

It is believed that humans initially contracted crabs from gorillas about 3 million years ago from either sleeping in gorilla nests or eating the apes.

Did you know?

Famous people who died from poisoning or drug overdose include, Adolf Hitler, Socrates, Juan Ponce de Leon, Marilyn Monroe, Judy Garland, and John Belushi.

Did you know?

The first oral chemotherapy drug for colon cancer was approved by FDA in 2001.

Did you know?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

Microscopic photo taken by Opportunity showing a gray hematite concretion, indicative of the past pr Microscopic photo taken by Opportunity showing a gray hematite concretion, indicative of the past pr
How to classify whether an equation is linear, quadratic, or cubic How to classify whether an equation is linear, quadratic, or cubic
Given the parent function f(x)=log10(bottom exponent)x, state the equation of the function that Given the parent function f(x)=log10(bottom exponent)x, state the equation of the function that
Balance the given redox reduction equation in basic solution using the half reaction method Balance the given redox reduction equation in basic solution using the half reaction method
Solve the following Logarithmic equation, if log(x-y/3)=1/2(logx+logy), Solve the following Logarithmic equation, if log(x-y/3)=1/2(logx+logy),
Find an equation of the tangent line to the graph of f(x) = sqrt(x) / (x+1) at the point x=1 Find an equation of the tangent line to the graph of f(x) = sqrt(x) / (x+1) at the point x=1
Video: The Hypothalamus: The Body's Thermostat (Human Thermostat)

For a complete list of videos, visit our video library