One Instrument to Rule Them All: The Bias and Coverage of Just-ID IV
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We revisit the finite-sample behavior of just-identified instrumental variables (IV) estimators, arguing that in most microeconometric applications, just-identified IV bias is negligible and the usual inference strategies likely reliable. Three widely-cited applications are used to explain why this
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美国国家经济研究局创建时间:
2021-11-01



