Consider equation (18.15) with k = 2. Using the IV approach to estimating the h and
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Consider equation (18.15) with k = 2. Using the IV approach to estimating the γh and ρ, what would you use as instruments for γt-1?
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Introductory Econometrics A Modern Approach
ISBN: 9781337558860
7th Edition
Authors: Jeffrey Wooldridge
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