The asymptotic distribution of Nagar's bias-adjusted TSLS estimator under partial identification
نویسندگان
چکیده
منابع مشابه
On the Bimodality of the Exact Distribution of the TSLS Estimator
Nelson and Startz (Econometrica, 58, 1990), Maddala and Jong (Econometrica, 60, 1992) and Wolgrom (Econometrica, 69, 2001) have shown that the density of the two-stage least squares estimator may be bimodal in a just identified structural equation. This paper further investigates the conditions under which bimodality may arise in a just/over-identified model. JEL Classification C30
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ژورنال
عنوان ژورنال: Economics Letters
سال: 2009
ISSN: 0165-1765
DOI: 10.1016/j.econlet.2009.05.013