On the use of higher order bias approximations for 2SLS and k-class estimators with non-normal disturbances and many instruments
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DOI: 10.1016/j.ecosta.2017.06.002
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- Gareth Liu-Evans & Garry DA Phillips, 2023. "The Bias of the Modified Limited Information Maximum Likelihood Estimator (MLIML) in Static Simultaneous Equation Models," Working Papers 202303, University of Liverpool, Department of Economics.
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Keywords
Bias approximation; 2SLS; k-class; Simultaneous equation model; Many instruments; Weak instruments;All these keywords.
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