K-class estimation is a class of estimation methods that include the 2SLS, OLS, LIML, and MELO methods as special cases. A K-value less than 1 is recommended but not required. MELO is a Bayesian ...
In the supply and demand model, P is an endogenous variable, and consequently the OLS estimates are biased. The following example estimates this model using two-stage least squares: proc syslin ...
Causal inference methods are widely used in empirical research; however, there is a paucity of evidence on the properties of shared latent factor estimators in the presence of contaminated ...
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