Projection-Based Statistical Inference in Linear Structural Models with Possibly Weak Instruments
It is well known that standard asymptotic theory is not applicable or is very unreliable in models with identification problems or weak instruments. One possible way out consists of using a variant of the Anderson-Rubin ((1949), AR) procedure. The latter allows one to build exact tests and confidenc...
Veröffentlicht in: | Econometrica. - Wiley. - 73(2005), 4, Seite 1351-1365 |
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Format: | Online-Aufsatz |
Sprache: | English |
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2005
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Zugriff auf das übergeordnete Werk: | Econometrica |
Schlagworte: | Simultaneous equations Structural model Instrumental variable Weak instrument Confidence interval Testing Projection Quadric Exact inference Asymptotic theory mehr... |
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