Lecture 2 Flashcards
1
Q
A
2
Q
A
3
Q
What is an alternative method to compute the 2SLS estimator? (Using cov(.))
A
4
Q
What is the difference for an IV estimator if we have multiple or just one instrument? Can we user either interchangeably?
A
5
Q
A
6
Q
Where is the Sargan-Hansen test for?
A
7
Q
A
8
Q
A
No we cannot test for m = 1, since we then have 0 degrees of freedom.
9
Q
If we do not assume homoskedasticity for the Sargan-Hansen test, how do we proceed?
A
10
Q
A
11
Q
What is ILS?
A
12
Q
A
13
Q
(ignore first of two questions)
A
