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Efficient Estimation with Many Weak Instruments Using Regularization Techniques

Tchuente, Guy, Carrasco, Marine (2015) Efficient Estimation with Many Weak Instruments Using Regularization Techniques. Econometric Reviews, 35 (8-10). pp. 1609-1637. ISSN 0747-4938. E-ISSN 1532-4168. (doi:10.1080/07474938.2015.1092806) (KAR id:53783)

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http://dx.doi.org/10.1080/07474938.2015.1092806

Abstract

The problem of weak instruments is due to a very small concentration parameter. To boost the concentration parameter, we propose to increase the number of instruments to

institutions on output growth completes the article.

Item Type: Article
DOI/Identification number: 10.1080/07474938.2015.1092806
Uncontrolled keywords: 2SLS; LIML; Many weak instruments; Regularization methods; Semiparametric efficiency bound; C13
Subjects: H Social Sciences > HA Statistics
Divisions: Faculties > Social Sciences > School of Economics
Depositing User: Guy Tchuente Nguembu
Date Deposited: 20 Jan 2016 13:14 UTC
Last Modified: 05 Feb 2020 16:28 UTC
Resource URI: https://kar.kent.ac.uk/id/eprint/53783 (The current URI for this page, for reference purposes)
Tchuente, Guy: https://orcid.org/0000-0001-8507-3337
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