Do I have to use the MacKinnon J test to determine which value fits the best? 'cause it looks like the J statistic is the only one who is reported after an TSLS and not after an OLS regression...
I would be relieved if someone could help me out here.
Thanks a lot!
Annelies
Search found 2 matches
- Fri Jul 02, 2010 1:01 pm
- Forum: Econometric Discussions
- Topic: TSLS R²
- Replies: 1
- Views: 2744
- Fri Jun 25, 2010 6:04 am
- Forum: Econometric Discussions
- Topic: TSLS R²
- Replies: 1
- Views: 2744
TSLS R²
Hey, I was wondering if i can still use the reported R² as the goodness of fit in a TSLS estimation. It seems to me that you can't say that the model will explain a certain negative % of the real data. Doesn't their exist an alternative value or test we can use to determine which model fits best?, w...