On adding over-identifying instrumental variables to simultaneous equations.
Reducing the number of over-identifying instruments, or adding them to a structural equation, increases estimation dispersion. Added instruments should be insignificant under correct specification, with parameter estimates nearly unaffected, confirmed by Monte Carlo. Selecting instruments does not a...
| Tác giả chính: | |
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| Định dạng: | Journal article |
| Ngôn ngữ: | English |
| Được phát hành: |
Elsevier
2011
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| _version_ | 1826282114245459968 |
|---|---|
| author | Hendry, D |
| author_facet | Hendry, D |
| author_sort | Hendry, D |
| collection | OXFORD |
| description | Reducing the number of over-identifying instruments, or adding them to a structural equation, increases estimation dispersion. Added instruments should be insignificant under correct specification, with parameter estimates nearly unaffected, confirmed by Monte Carlo. Selecting instruments does not affect these results. |
| first_indexed | 2024-03-07T00:38:58Z |
| format | Journal article |
| id | oxford-uuid:8260aa55-d087-4880-a02c-4cee47f6d01f |
| institution | University of Oxford |
| language | English |
| last_indexed | 2024-03-07T00:38:58Z |
| publishDate | 2011 |
| publisher | Elsevier |
| record_format | dspace |
| spelling | oxford-uuid:8260aa55-d087-4880-a02c-4cee47f6d01f2022-03-26T21:37:01ZOn adding over-identifying instrumental variables to simultaneous equations. Journal articlehttp://purl.org/coar/resource_type/c_dcae04bcuuid:8260aa55-d087-4880-a02c-4cee47f6d01fEnglishDepartment of Economics - ePrintsElsevier2011Hendry, DReducing the number of over-identifying instruments, or adding them to a structural equation, increases estimation dispersion. Added instruments should be insignificant under correct specification, with parameter estimates nearly unaffected, confirmed by Monte Carlo. Selecting instruments does not affect these results. |
| spellingShingle | Hendry, D On adding over-identifying instrumental variables to simultaneous equations. |
| title | On adding over-identifying instrumental variables to simultaneous equations.
|
| title_full | On adding over-identifying instrumental variables to simultaneous equations.
|
| title_fullStr | On adding over-identifying instrumental variables to simultaneous equations.
|
| title_full_unstemmed | On adding over-identifying instrumental variables to simultaneous equations.
|
| title_short | On adding over-identifying instrumental variables to simultaneous equations.
|
| title_sort | on adding over identifying instrumental variables to simultaneous equations |
| work_keys_str_mv | AT hendryd onaddingoveridentifyinginstrumentalvariablestosimultaneousequations |