consider the GMM estimation of the follwing linear model
y=XB+u,E[u|X,Z]=Σ
with the instruments Z,which is n×L. y is n×1 and X is n×K.Suppose L=K and X'Z is invertible.
Show that GMM ectimator of B with the efficient weighting matrix is identical to the standard IV estimator.
跪求详细解题过程。
拜托各位达人了!!!!