Question

    If equation is over-identified which method is used to estimate?

    A 2SLS Correct Answer Incorrect Answer
    B Indirect Method Correct Answer Incorrect Answer
    C MLE Method Correct Answer Incorrect Answer
    D All of those Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Advanced techniques, such as generalized method of moments (GMM) and two-stage least squares (2SLS), can be used in over-identified regressions. The selection of the appropriate method should be based on the characteristics of the data and the specific econometric considerations.  

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