Also found in: Wikipedia.
3SLSThree Stage Least Squares
References in periodicals archive ?
According to the first column of Table 4, the likelihood-ratio test renders significant results in the case of the majority of the regressors and instruments used in the 3SLS estimation.
2] statistics of Hausman's tests comparing the SUR with 3SLS estimates for equation (6).
The 3SLS estimates of the model were derived using SASSYSREG [Statistical Analysis System (1979)].
A brief description of the estimation procedure and the justification for using 3SLS are provided in Kandil [1991b].
The estimated 3SLS regression results of the model and the instrument set used are reported in Table 1.
Use the parameter estimates from the initial 3SLS estimation to generate the error residuals [e.
4) The problem with SURE or 3SLS is that the estimates of the translog parameters are no longer invariant to the choice of the equation that is dropped.
If the specification of each equation in the system is correct then the 3SLS will be asymptotically more efficient than 2SLS.
Note that if the cross-equation error covariances are zero, the 2SLS and 3SLS approaches would generate the same results.
Multiequation 3SLS Estimates for Economic Freedom in the US States Estimate 1: Economic Freedom of the States Variable Coefficient Z-score Per capita income 0.
3SLS is a complete information method that, compared to limited information models (for example the "2 stage least square", 2SLS model), does not lose efficiency when there is a correlation between the errors of different equations of the model (Cho 1998; Kim et al.
2013 1,451 Investigate the European impact of banks changes in 1992-2006 capital on the risk - taking behavior Berger and 2013 US banks Study the effect Bouwman from 1984: of capital Q1 to 2010: measured prior Q4; for a to a crisis on total of bank 57,243 performance small, 1,946 during a crisis medium, and 1,400 large-bank observations Authors Methodology CAP RISK Shrieves and 2SLS Equity/RWA RWA/Total Dahl assets; NPLs/ Total Loans Jacques and 3SLS Total capital RWA/Total assets Nigro (Tier 1 + Tier 2)/ total RWA Hovakimian and Kane Aggarwal and 3SLS Tier 1 leverage RWA/Total Jacques ratio; Tier 1 assets; NPLs/ risk--based Total Assets capital ratio; total risk-- based capital ratio Rime 3SLS Capital/Total RWA/Total assets assets; Capital/RWA Heid et al.