
Introduction to Econometrics 3rd Edition by James Stock, Mark Watson
Edition 3ISBN: 978-9352863501
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
Taking the average of two separate OLS e...
Introduction to Econometrics 3rd Edition by James Stock, Mark Watson
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