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Instrumental Variables - Roger John Bowden,Darrell A. Turkington,Bowden Roger J.

English
2007-04-23
€102.33 €146.18

-30% with code BOOKS

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Recent advances in establishing the nature and scope of estimators in econometrics have shed more light on the importance of instrumental variables. In this book, the authors argue that such methods may be regarded as a strong organizing principle for a wide variety of estimation and hypothesis testing problems in econometrics and statistics. In support of this claim they present and develop the methodology ... Full description

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Description

Recent advances in establishing the nature and scope of estimators in econometrics have shed more light on the importance of instrumental variables. In this book, the authors argue that such methods may be regarded as a strong organizing principle for a wide variety of estimation and hypothesis testing problems in econometrics and statistics. In support of this claim they present and develop the methodology of instrumental variables in its most general and explanatory form. They show, for instance, that techniques commonly used to handle simultaneity and related problems can be reduced to one of two generic variables of instrumental variables estimators, allowing them to explore further the conditions under which different proposed estimators are efficient.

More Information

Author Roger John Bowden, Darrell A. Turkington, Bowden Roger J.
Publisher Cambridge University Press
Release year 2007
Cover type Softcover
EAN 9780521385824
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€102.33 €146.18