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86
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CSDA
2010
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CSDA 2010
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Factor-GMM estimation with large sets of possibly weak instruments
15 years 2 months ago
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www.nber.org
This paper analyses the use of factor analysis for instrumental variable estimation when the number of instruments tends to infinity. We consider cases where the unobserved factor...
George Kapetanios, Massimiliano Marcellino
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