Search found 1 match
- Mon Dec 20, 2010 11:50 pm
- Forum: Estimation
- Topic: Hausman-Taylor Estimator (IV) TSLS
- Replies: 1
- Views: 4866
Re: Hausman-Taylor Estimator (IV) TSLS
Hi, FEM could not be used in the case of time-invariant explanatory variable. By design of construction, The FEM will automatically eliminate the coefficient estiamte of time-invariant variable. Alternatively, you can employ Husman-Taylor model (1981) or Fixed Effect Vector Decomposition Model (FEVD...