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Performances of the full information estimators in a two-equation structural model with correlated disturbances

The performances of two full information techniques, Three Stage Least Squares (3SLS) and Full Information Maximum Likelihood (FIML) of simultaneous equation models with correlated disturbance terms are compared with the Ordinary Least Squares (OLS) method in small samples. Comparative performance e...

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Format: Article
Published: 2009
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