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Robustification of classical instrumental variables 1 estimating the 1
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Víšek, Jan 1
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Bulletin of the Czech Econometric Society 1
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Heteroscedasticity Resistant Robust Covariance Matrix Estimator
Víšek, Jan - In: Bulletin of the Czech Econometric Society 17 (2010)
It is straightforward that breaking the <em>orthogonalitycondition</em> implies biased and inconsistent estimates by means of the<em> ordinary least squares</em>. If moreover, the data are contaminatedit may significantly worsen the data processing, even if it is performed by <em> instrumental variables</em> or the ...</em>
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