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Huber estimation 1 Two-stage estimation 1 endogeneity 1 robustness 1
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Free 1
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Book / Working Paper 1
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English 1
Author
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Kim, Tae-Hwan 1 Muller, Christophe 1
Institution
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Instituto Valenciano de Investigaciones Económicas (IVIE) 1
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Working Papers. Serie AD 1
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RePEc 1
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TWO-STAGE HUBER ESTIMATION
Muller, Christophe; Kim, Tae-Hwan - Instituto Valenciano de Investigaciones Económicas (IVIE) - 2005
In this paper we study how the Huber estimator can be adapted to the presence of endogeneity in a two stage equations setting similar to that of 2SLS. We propose an estimation procedure that is at the same time relatively (i) simple, (ii) robust and (iii) efficient. Moreover, we deal with the...
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