Multiple Choice
What is the 2nd stage of 2SLS?
A) estimate parameters of reduced form equations and find predicted values
B) find a random sample large enough to divide into 2 separate samples for the two stages
C) estimate parameters of the structural equations using predicted values from reduced form equations
D) use reduced form parameter estimates as explanatory variables
Correct Answer:
Verified
Correct Answer:
Verified
Q5: What does it mean for a structural
Q6: How does the least squares estimator perform
Q7: What are the implications for 2SLS estimators
Q8: Why is it best to use
Q9: When estimating the structural parameters of
Q10: If a structural model has M simultaneous
Q11: What does 2SLS abbreviate?<br>A)twice squared linear series<br>B)second
Q13: How does the least squares estimator perform
Q14: In a system of M simultaneous equations,at
Q15: What estimation technique should be used to