Instrument Relevance in Multivariate Linear Models
The Review of Economics and Statistics
1999
Ameasure of the relevancy of instruments used to estimate the coefficients of a linear multiple regression model is discussed. A method for computing the measure using only standard results from ordinary least squares and two-stage least squares estimation is described. The method is illustrated using an empirical example.
- DOI
- 10.1162/rest.1999.81.3.550
- Volume
- 81 (3)
- Pages
- 550-552
- Language
- en
- Export
- BibTeX
- Sources
- openalex crossref