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book Introduction to Econometrics 3rd Edition by James Stock, Mark Watson cover

Introduction to Econometrics 3rd Edition by James Stock, Mark Watson

Edition 3ISBN: 978-9352863501
book Introduction to Econometrics 3rd Edition by James Stock, Mark Watson cover

Introduction to Econometrics 3rd Edition by James Stock, Mark Watson

Edition 3ISBN: 978-9352863501
Exercise 9
Instead of using WLS, the researcher in the previous problem decides to compute the OLS estimator using only the observations for which x 10, then using only the observations for which x 10, and then average the two OLS of estimators. Is this estimator more efficient than WLS
Explanation
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Taking the average of two separate OLS e...

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Introduction to Econometrics 3rd Edition by James Stock, Mark Watson
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