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Mathematics Commons

Open Access. Powered by Scholars. Published by Universities.®

Syracuse University

2007

Two stage least squares

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Consistent Estimation With Weak Instruments In Panel Data, Chihwa Kao, Long Liu Jan 2007

Consistent Estimation With Weak Instruments In Panel Data, Chihwa Kao, Long Liu

Center for Policy Research

This note analyzes the asymptotic distribution for instrumental variables regression for panel data when the available instruments are weak. We show that consistency can be established in panel data.