variables instrumentales de estimación

18:22 Sep 21, 2020 

Anything but 'Instrumental variables estimation'

16:33 Sep 21, 2020 

This reference reads:
"The method of instrumental variables is a signature technique in the
econometrics toolkit."
Written by: Joshua D. Angrist and Alan B. Krueger
Published by: Journal of Economic Perspectives—Volume 15, Number 4 —Fall 2001—Pages 69 – 85
Link

https://economics.mit.edu/files/18

15:52 Sep 20, 2020 

The UC Berkeley economics professor reference reads:
"Further, lagged variables may fail to be
proper instruments, either because assumptions of zero correlation are not robust and fail due to a
more complex pattern of serial correlation than the econometrician assumes, or..."

15:51 Sep 20, 2020 

The reference reads:
"Exercise 2. An econometrician implements an IV procedure by first running a OLS regression of
the contaminated explanatory variables on a subset of the available instruments that excludes some
uncontaminated explanatory variables, then a second stage OLS. Is this consistent?"

21:05 Sep 19, 2020 

09:10 Sep 18, 2020 

Your reference reads: “4.8 Instrumental Variables A major complication that is emphasized in microeconometrics is the possibility of inconsistent parameter estimation due to endogenous regressors”.
Wikipedia reads:
“Instrumental variables estimation
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In statistics, econometrics, epidemiology and related disciplines, the method of instrumental variables (IV) is used to estimate causal relationships when controlled experiments are not feasible or when a treatment is not successfully delivered to every unit in a randomized experiment.”
My reference reads: “Takashi Yamano
Lecture Notes on Advanced Econometrics
Lecture 8: Instrumental Variables Estimation”