Hello gretl users,
yet again one of those tsls-problems of mine...
It seems to me that TSLS doesn't calculate the R^2 correctly. Actually,
it produces exactly the same values as the corresponding OLS estimation.
For example, the three-liner
open denmark
ols IDE 0 IBO
tsls IDE 0 IBO; LRY
produces the following output (excerpt):
ols:
Unkorrigiertes R-Quadrat = 0.644317
Korrigiertes R-Quadrat = 0.637606
tsls:
Unkorrigiertes R-Quadrat = 0.644317
Korrigiertes R-Quadrat = 0.637606
I'm going to file a bug report soon if nobody stops me by saying that it
all makes perfect sense...
thanks,
sven