Hayakawa, Kazuhiko - Institute of Economic Research, Hitotsubashi University - 2007
instruments in the backward orthogonal deviation has the same asymptotic distribution as the infeasible optimal IV estimator when … with instruments in the backward orthogonal deviation
has the same asymptotic distribution as the infeasible optimal IV … errors,
a simple one-step IV estimator is obtained from the backward orthogonal deviation
(BOD) transformation that has the …