THE COVARIANCE MATRIX OF THE LIMITED INFORMATION ESTIMATOR AND THE IDENTIFICATION TEST: COMMENT,
Abstract
In their article, Liu and Breen propose a new estimator of the large-sample asymptotic covariance matrix for the limited information maximum likelihood estimator in simultaneous equations, and question the interpretation of a statistic used in the past to test overidentifying restrictions. The present paper comments on this matter.
Document Details
- Document Type
- Technical Report
- Publication Date
- May 14, 1970
- Accession Number
- AD0706310
Entities
People
- Franklin M. Fisher
- Joseph B. Kadane
Organizations
- Center for Naval Analyses