Describe the properties of a good instrumental variable.
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Describe the properties of a good instrumental variable.
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In instrumental variable IV regression a good instrument is crucial for obtaining unbiased and consistent estimates of the causal effect of an indepen...View the full answer
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Related Book For 
Principles Of Econometrics
ISBN: 9781118452271
5th Edition
Authors: R Carter Hill, William E Griffiths, Guay C Lim
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