The estimation of economic relationships often confronts the challenge of weak instruments – variables that are only weakly correlated with endogenous regressors. Such weakness can lead to substantial ...
Econometric Theory provides an authoritative outlet for original contributions in all of the major areas of econometrics. As well as articles that embody original theoretical research, the journal ...
Econometric Theory provides an authoritative outlet for original contributions in all of the major areas of econometrics. As well as articles that embody original theoretical research, the journal ...
“LIKE elaborately plumed birds…we preen and strut and display our t-values.” That was Edward Leamer's uncharitable description of his profession in 1983. Mr Leamer, an economist at the University of ...
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