Swamy P. A. V. B.; S, Tavlas George; Hall Stephen G. F.; … - In: Studies in Nonlinear Dynamics & Econometrics 14 (2010) 3, pp. 1-35
Misspecifications of econometric models can lead to biased coefficients and incorrect interpretations of error terms, which in turn can lead to incorrectly estimated models and incorrect inference. There are specific techniques such as instrumental variables, which are used in the economics...