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The inadmissibility of the 2SLS estimator in linear structural equations

Journal Article


Abstract


  • The paper proposes a new estimator for linear structural equations in simultaneous equations models and demonstrates the inadmissibility of the 2SLS estimator for every member of the c-class. As a by-product, the new estimator is also shown to dominate the Stein 2SLS estimator. © 1986.

UOW Authors


  •   Tran, Jimmy Van Hoa. (external author)

Publication Date


  • 1986

Citation


  • Van Hoa, T. (1986). The inadmissibility of the 2SLS estimator in linear structural equations. Economics Letters, 21(4), 337-341. doi:10.1016/0165-1765(86)90200-4

Scopus Eid


  • 2-s2.0-46149139472

Web Of Science Accession Number


Start Page


  • 337

End Page


  • 341

Volume


  • 21

Issue


  • 4

Abstract


  • The paper proposes a new estimator for linear structural equations in simultaneous equations models and demonstrates the inadmissibility of the 2SLS estimator for every member of the c-class. As a by-product, the new estimator is also shown to dominate the Stein 2SLS estimator. © 1986.

UOW Authors


  •   Tran, Jimmy Van Hoa. (external author)

Publication Date


  • 1986

Citation


  • Van Hoa, T. (1986). The inadmissibility of the 2SLS estimator in linear structural equations. Economics Letters, 21(4), 337-341. doi:10.1016/0165-1765(86)90200-4

Scopus Eid


  • 2-s2.0-46149139472

Web Of Science Accession Number


Start Page


  • 337

End Page


  • 341

Volume


  • 21

Issue


  • 4