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- W1510368499 abstract "This paper suggests that IV estimators, utilizing irrelevant but persistent instruments may produc reliable inferences, in small samples, in cases where the endogenous variables contain autoregressive roots near unity. In such cases, these estimators appear to outperform IV estimators with strong instruments as will as some asymptotically efficent cointegration estimators." @default.
- W1510368499 created "2016-06-24" @default.
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- W1510368499 date "2005-11-01" @default.
- W1510368499 modified "2023-09-27" @default.
- W1510368499 title "Irrelevant but highly persistent instruments in stationary regressions with endogenous varables containing near-to-unit roots." @default.
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