Small sample properties of LIML and jackknife IV estimators: Experiments with weak instruments

• Using Monte Carlo simulations we study the small sample performance of the traditional TSLS, the LIML and four new jackknife IV estimators when the instruments are weak. We find that the new estimators and LIML have a smaller bias but a larger variance th

Ämnesord

SAMHÄLLSVETENSKAP  -- Ekonomi och näringsliv -- Nationalekonomi (hsv//swe)

SOCIAL SCIENCES  -- Economics and Business -- Economics (hsv//eng)

Nyckelord

VARIABLE ESTIMATORS; ECONOMETRICS; SWEDEN

Economics

Nationalekonomi

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