Correlated Errors-in-Variables, too Few Instrumental Variables, and Bounds on Parameters.

We present new results on parameter bounds for regression models with errors-in-variables. In particular, we show that the required conditions for the validity of the parameter bounds identify by Koopmans, Reiersol and others, can be fulfilled in cases where the measurement errors for different regressors are correlated.

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Year of publication:	1996
Authors:	Klette, J. ; Willassen, Y.
Institutions:	Økonomisk institutt, Universitetet i Oslo
Subject:	INSTRUMENTAL VARIABLES \| ECONOMIC MODELS

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Series:	Memorandum.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series Memorandum Number 30/1996 29 pages
Classification:	C13 - Estimation ; C29 - Econometric Methods: Single Equation Models. Other ; C43 - Index Numbers and Aggregation
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005652184