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Re:st: Re: fixed effects vs random effects
Kit Baum suggests an instrumental variable estimator to dela with endogeneity. But in this case what is the better estimator between IVfixed effect (xtivreg2, fe) and IV first-difference (xtivreg2, fd with, optionally, gmm)?
I've the same problem and I'm dealing with a small sample (14 countries, 6 years)
University of Turin (Italy)
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