Method-of-moments estimation and choice of instruments: Numerical computations

C-Tier
Journal: Economics Letters
Year: 2008
Volume: 100
Issue: 2
Pages: 217-220

Score contribution per author:

1.005 = (α=2.01 / 1 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We numerically evaluate asymptotic variances and biases of various method-of-moments estimators in the Hansen-Singleton model calibrated to real data. Inspection of resulting figures leads to a conclusion that applied researchers do not always form instrument sets judiciously.

Technical Details

RePEc Handle
repec:eee:ecolet:v:100:y:2008:i:2:p:217-220
Journal Field
General
Author Count
1
Added to Database
2026-01-24