Ashley, Richard A. (contributor) - 2003 - [Elektronische Ressource]
Consistent instrumental variables (IV) estimation requires instruments uncorrelated with the
model errors, but this assumption is … is given to a study by Acemoglu et al. (2001).
JEL: C10, C12
Keywords: Instrumental variables, instrument validity, IV … estimation, sensitivity analysis
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1. Introduction
Consistent instrumental variables (IV) estimation requires instruments which …