On the equivalence of indirect inference and bootstrap bias correction for linear IV estimators

This note shows that two ways of simulation based bias correction–indirect inference and bootstrap bias correction–are equivalent for two-stage-least-squares, as well as k-class estimators for the standard linear model with endogenous regressors.

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Year of publication:	2014
Authors:	Chau, Tak Wai
Published in:	Economics Letters. - Elsevier, ISSN 0165-1765. - Vol. 123.2014, 3, p. 333-335
Publisher:	Elsevier
Subject:	Bootstrap \| Bias correction \| Instrumental variable \| Indirect inference \| k-class estimators

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Type of publication:	Article
Classification:	C13 - Estimation ; C15 - Statistical Simulation Methods; Monte Carlo Methods ; c36
Source:	RePEc - Research Papers in Economics

Persistent link: https://ebvufind01.dmz1.zbw.eu/10010776618