Hi
I tried to use the IV-LIML estimator on a super simple model that does not
include any constant (both in regressors and instruments). However, when
trying to do so, I get an error message, like "data error" (actually:
"erreur de donnée" in the french version). It seems however possible to run
the same model under 2SLS.
Is this on purpose? If not, maybe the code could be adjusted? I has
probably something to do with the fact that the first M projection matrix
becomes an identity under such circumstances?
Thanks!!
Matthieu