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Frugal IV alternatives to identify the parameter for an endogenous regressor ...
A review of the econometric literature on instrumental variables (IV) estimation shows that the performance of traditional IV estimation relies critically on the quality of the... -
Assessing the credibility of instrumental variables inference with imperfect ...
Consistent instrumental variables (IV) estimation requires instruments uncorrelated with model errors, but this assumption is usually both suspect and untestable. Here the... -
Finite sample evidence of IV estimators under weak instruments (replication d...
We present finite sample evidence on different IV estimators available for linear models under weak instruments; explore the application of the bootstrap as a bias reduction... -
The case against JIVE (replication data)
We perform an extensive series of Monte Carlo experiments to compare the performance of two variants of the jackknife instrumental variables estimator, or JIVE, with that of the... -
Testing the unbiased forward exchange rate hypothesis using a Markov switchin...
This paper develops a model for the forward and spot exchange rate which allows for the presence of a Markov switching risk premium in the forward market and considers the issue...
