Estimation of the IV regression model:
(a) requires exact identification.
(b) allows only one endogenous regressor, which is typically correlated with the error term.
(c) requires exact identification or overidentification.
(d) is only possible if the number of instruments is the same as the number of regressors.

Question

03-06-2024
Business

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Estimation of the IV regression model:
(a) requires exact identification.
(b) allows only one endogenous regressor, which is typically correlated with the error term.
(c) requires exact identification or overidentification.
(d) is only possible if the number of instruments is the same as the number of regressors.

Sagot :

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