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What to do when you can't use '1.96' Confidence Intervals for IV

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NBER2023-11-01 更新2025-01-04 收录
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https://www.nber.org/papers/w31893
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To address the well-established large-sample invalidity of the +/-1.96 critical values for the t-ratio in the single variable just-identified IV model, applied research typically qualifies the inference based on the first-stage-F (Staiger and Stock (1997) and Stock and Yogo (2005)). We fully extend
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美国国家经济研究局
创建时间:
2023-11-01
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