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- Wed May 25, 2011 3:19 am
- Forum: Econometric Discussions
- Topic: 2SLS - Specification question
- Replies: 0
- Views: 1704
2SLS - Specification question
Hello everyone, I am currently reviewing an old statistical work where Two-stage least squares has been used. Now, this is an area I am not particular familiar with and in this model they have specified the model as: log(wage) = β0 + β1Education + β2exper + β3exper^2 + u The IV for education is Moth...