Multiple Choice
Two-stage least squares
A) is an instrumental variable technique that can be used to control for endogeneity of an right hand side variable.
B) can be used to control for jointly determined simultaneous equations.
C) can be used to control for measurement error of an independent variable.
D) All of the above are correct.
Correct Answer:
Verified
Correct Answer:
Verified
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Q22: The second-stage in an instrumental variable approach
Q23: The second-stage in an instrumental variable approach
Q24: The second-stage in an instrumental variable approach
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