a. Show that OLS estimator is biased when there exists endogeneity; b. Show that 2SLS estimator is inefficient; and c. U
Posted: Thu Feb 17, 2022 11:01 am
a. Show that OLS estimator is biased when there exists
endogeneity;
b. Show that 2SLS estimator is inefficient; and
c. Use plain words to explain in detail how Hausman test works.
endogeneity;
b. Show that 2SLS estimator is inefficient; and
c. Use plain words to explain in detail how Hausman test works.