On adding over-identifying instrumental variables to simultaneous equations.

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...

पूर्ण विवरण

ग्रंथसूची विवरण
मुख्य लेखक:	Hendry, D
स्वरूप:	Journal article
भाषा:	English
प्रकाशित:	Elsevier 2011

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