Why is it unnecessary to apply the two-stage least-squares method to exactly identified equations?

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Basic Econometrics

ISBN: 978-0073375779

5th edition

Authors: Damodar N. Gujrati, Dawn C. Porter

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Question Posted: May 29, 2018 03:54 AM

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Why is it unnecessary to apply the two-stage least-squares method to exactly identified equations?

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Basic Econometrics

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