Consistently bounding parameter values with one instrument and two endogenous explanatory variables

IF 0.6 Q3 Economics, Econometrics and Finance

Economics Bulletin Pub Date : 2009-10-30 DOI:10.2139/SSRN.1497142

R. Dunn

引用次数: 3

Abstract

The current paper considers a linear regression framework with two endogenous regressors, but only one instrument that is correlated with both. I demonstrate that under reasonable conditions, some of which are testable from the data, these different sources of endogeneity act in opposing directions and hence IV regression can generate economically meaningful bounds.

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用一个仪器和两个内生解释变量一致地限定参数值

当前的论文考虑了一个线性回归框架与两个内生回归，但只有一个工具，是相关的两者。我证明在合理的条件下，其中一些是可以从数据中测试的，这些不同的内生性来源在相反的方向上起作用，因此IV回归可以产生经济上有意义的界限。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Economics Bulletin ECONOMICS-

CiteScore

1.60

自引率

0.00%

发文量

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