Instrumental variable estimation of a nonlinear Taylor rule
نویسندگان
چکیده
منابع مشابه
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Instrumental variable (IV) estimation methods that allow for certain nonlinear functions of the data as instruments are studied. The context of the discussion is the simple unit root model where certain advantages to the use of nonlinear instruments are revealed. In particular, certain classes of IV estimators and associated t-tests are shown to have simpler (standard) limit theory in contrast ...
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ژورنال
عنوان ژورنال: Empirical Economics
سال: 2010
ISSN: 0377-7332,1435-8921
DOI: 10.1007/s00181-010-0411-6