1. What is the problem with the typical use and interpretation of the t-ratio for inference in just-identified IV models? Practitioners typically use the critical values ±1.96 for the IV t-ratio when ...
Instrumental variable (IV) estimation typically requires the user to correctly specify the relationship between the regressors and the outcome to obtain a consistent estimate of the effects of the ...
Instrumental variables regression (IV regression) is a method for making causal inferences about the effect of a treatment based on an observationa study in which there are unmeasured confounding ...