INVESTIGADORES
MONTES ROJAS Gabriel Victorio
artículos
Título:
On the equivalence of instrumental variables estimators for linear models
Autor/es:
GALVAO, ANTONIO; MONTES ROJAS, GABRIEL VICTORIO
Revista:
ECONOMICS LETTERS
Editorial:
NORTH-HOLLAND
Referencias:
Lugar: Amsterdam; Año: 2015 vol. 134 p. 13 - 13
ISSN:
0165-1765
Resumen:
This note shows the equivalence of different instrumental variables estimators to solve the endogeneity problem in linear models when valid instruments are available. We demonstrate that the exclusion restriction estimator proposed by Chernozhukov and Hansen (2006) is equivalent to the two-stage least squares and the control function estimators for linear models.