Reduced forms and weak instrumentation

• 主要作者: PHILLIPS, Peter C. B.
• 格式: text
• 語言: English
• 出版: Institutional Knowledge at Singapore Management University 2017
• 主題: Endogeneity; exact distribution; finite sample theory; moment existence; partial identification; reduced form; structural equation; unidentified structure; weak instrument; Econometrics; Economic Theory
• 在線閱讀: https://ink.library.smu.edu.sg/soe_research/2051; https://ink.library.smu.edu.sg/context/soe_research/article/3050/viewcontent/Reduced_forms_and_weak_instrumentation.pdf
• 機構: Singapore Management University

This paper develops exact finite sample and asymptotic distributions for a class of reduced form estimators and predictors, allowing for the presence of unidentified or weakly identified structural equations. Weak instrument asymptotic theory is developed directly from finite sample results, unifyin...