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Testing for Weak Instruments in Linear IV Regression

Testing for Weak Instruments in Linear IV Regression

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obtained using weak instrument asymptotic distributions (Staiger and Stock (1997)), which are more accurate than Edgeworth approximations when the concentration parameter is small.1 This paper is part of a growing literature on detecting weak instruments, surveyed in Stock, Wright, and Yogo (2002) and Hahn and Hausman (2003). Cragg and Donald

  Instruments, Stocks

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