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A weak instrument F-test in linear IV models with multiple
WebMar 5, 2024 · The cragg package offers two main functions to do this: cragg_donald(), and stock_yogo_test. cragg_donald() implements the calculation for the Cragg-Donald statistic (1993), which can be thought of as the matrix-analogue of the first stage F-statistic. WebMar 31, 1993 · TL;DR: This paper proposed quantitative definitions of weak instruments based on the maximum IV estimator bias, or the maximum Wald test size distortion, when there are multiple endogenous regressors, and tabulated critical values that enable using the first-stage F-statistic (or, for instance, the Cragg-Donald (1993) statistic) to test whether … new ct 100 mileage
A weak instrument F -test in linear IV models with
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