The robust F-statistic as a test for weak instruments
For the linear model with a single endogenous variable, (Montiel Olea and Pflueger 2013) proposed the effective F-statistic as a test for weak instruments in terms of the Nagar bias of the two-stage least squares (2SLS) or limited information maximum likelihood (LIML) estimator relative to a benchma...
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Format: | Journal article |
Language: | English |
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Elsevier
2025
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