Explain how the Hausman-Taylor estimator can be used to obtain consistent estimates of coefficients of time-invariant variables

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Explain how the Hausman-Taylor estimator can be used to obtain consistent estimates of coefficients of time-invariant variables in a random effects model.

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Principles Of Econometrics

ISBN: 9781118452271

5th Edition

Authors: R Carter Hill, William E Griffiths, Guay C Lim

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