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

被引：95
|
作者：
Chernozhukov, Victor [2 ]
Hansen, Christian [1 ]
机构：
[1] Univ Chicago, Grad Sch Business, Chicago, IL 60637 USA
[2] MIT, Cambridge, MA 02139 USA
来源：
ECONOMICS LETTERS | 2008年 / 100卷 / 01期
关键词：
heteroskedasticity; autocorrelation; weak identification;
D O I：
10.1016/j.econlet.2007.11.012
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
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. (c) 2008 Published by Elsevier B. V.
引用
收藏
页码：68 / 71
页数：4
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