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The case for a “productivity norm”: Comment on Dowd

✍ Scribed by George Selgin


Book ID
113248382
Publisher
Elsevier Science
Year
1995
Tongue
English
Weight
471 KB
Volume
17
Category
Article
ISSN
0164-0704

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Comment on ‘The case against JIVE’
✍ Daniel A. Ackerberg; Paul J. Devereux 📂 Article 📅 2006 🏛 John Wiley and Sons 🌐 English ⚖ 70 KB

While Davidson and MacKinnon (2006) (DM) present an interesting analysis of recently advocated estimators for overidentified instrumental variables models, we disagree with their conclusion that the LIML estimator should almost always be prefered to the JIVE estimators of Phillips and Hale (1977) (P