MPSA: The Trade-off Between Efficiency and Bias in Instrumental Variable Approaches

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The Trade-off Between Efficiency and Bias in Instrumental Variable Approaches

In Event: Estimation

Fri, April 4, 9:50 to 11:20am CDT (9:50 to 11:20am CDT), Palmer House Hilton, Floor: 7th, Sandburg 3

Brief Overview

We propose a way of increasing instrument strength and thus boosting efficiency in the first stage of IV estimation.

Author

Vera Eva Troeger, Universität Hamburg

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