The reduced form: A simple approach to inference with weak instruments

In this paper, we show that conventional heteroskedasticity and autocorrelation robust inference procedures based on the reduced form provide tests and confidence intervals for structural parameters that are valid when instruments are strongly or weakly correlated to the endogenous variables.

MoreLess

Year of publication:	2008
Authors:	Chernozhukov, Victor ; Hansen, Christian
Published in:	Economics Letters. - Elsevier, ISSN 0165-1765. - Vol. 100.2008, 1, p. 68-71
Publisher:	Elsevier

More details

Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005307320