If You Conduct Your Estimation Using Two-Stage Least Squares by Separately

question 43

Multiple Choice

If you conduct your estimation using two-stage least squares by separately estimating each regression (say in Excel) , what condition should you be aware of when interpreting your second stage results?

• A) The coefficients will be too low.
• B) The coefficients will be too high.
• C) The standard errors reported in the second stage are not accurate.
• D) The residuals do not sum to zero as they due in the first stage.

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Definitions:

Talcott Parsons

An American sociologist known for his work on the theory of action and for developing a framework for social systems.

Gender Inequality

The unequal treatment or perceptions of individuals based on their gender, manifesting in various aspects of society like employment, education, and healthcare.

Feminist Question

Inquiries raised by feminist theories that challenge societal norms related to gender, seeking equality, and questioning traditional roles.

Radical Psychoanalytic Feminism

This is a strand within feminist theory that combines radical feminism's focus on the societal structures of patriarchy with psychoanalytic theories to understand the psychological mechanisms of gender oppression.