Ackerberg, Daniel A.; Devereux, Paul J. - In: The Review of Economics and Statistics 91 (2009) 2, pp. 351-362
We introduce two simple new variants of the jackknife instrumental variables (JIVE) estimator for overidentified linear models and show that they are superior to the existing JIVE estimator, significantly improving on its small-sample-bias properties. We also compare our new estimators to...