Journal
STATA JOURNAL
Volume 18, Issue 3, Pages 663-691Publisher
STATA PRESS
DOI: 10.1177/1536867X1801800308
Keywords
st0538; plausexog; imperfectiv; instrumental variables; exclusion restrictions; invalidity; plausibly exogenous; imperfect IVs
Ask authors/readers for more resources
In this article, we examine several techniques that allow for the construction of bounds estimates based on instrumental variables, even when the instruments are not valid. We introduce the plausexog and imperfectiv commands, which implement methods described by Conley, Hansen, and Rossi (2012, Review of Economics and Statistics 94: 260-272) and Nevo and Rosen (2012b, Review of Economics and Statistics 94: 659-671). We examine the performance of these bounds under a range of circumstances, which leads to several practical results related to the informativeness of the bounds in different situations.
Authors
I am an author on this paper
Click your name to claim this paper and add it to your profile.
Reviews
Recommended
No Data Available