An Alternative to Using Simultaneous Equation Models with Panel Data

Multiple Choice

An alternative to using simultaneous equation models with panel data is:

A) to use OLS estimates after first differencing the data.
B) to use fixed effects transformation on the equations and then apply 2SLS.
C) to convert the equations into reduced form and then apply feasible generalized least squares.
D) to convert the equations into reduced form and then apply OLS.