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  • Search: subject:"Iterated improved 2SLS(IV) estimators"
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2SLS(IV) estimators 1 3SLS estimators 1 Improved 2SLS(IV) estimators 1 Iterated improved 2SLS(IV) estimators 1
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Qian, Hailong 1 Schmidt, Peter 1
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The asymptotic equivalence between the iterated improved 2sls estimator and the 3sls estimator
Qian, Hailong; Schmidt, Peter - In: Econometric Reviews 16 (1997) 4, pp. 441-457
In this paper we show that the 3SLS estimator of a system of equations is asymptotically equivalent to an iterative 2SLS estimator applied to each equation, augmented with the residuals from the other equations. This result is a natural extension of Telser (1964).
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