Specification Analysis in Equations with Stochastic Regressors.

We encompass the (closely related) problems of testing for structural restrictions and for valid orthogonality conditions into a single-equation framework in which the familiar specification techniques of the linear regression model can be applied. Identifying the endogenous variables that induce "simultaneous equation bias" will improve the efficiency of estimation, since only those variables need to be instrumented.

MoreLess

Year of publication:	2001
Authors:	Magdalinos, Michael ; Kandilorou, Helen
Published in:	Journal of Business & Economic Statistics. - American Statistical Association. - Vol. 19.2001, 2, p. 226-32
Publisher:	American Statistical Association

Check Google Scholar |

More access options

In German libraries (KVK)

I need help

More details

Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005170922