The asymptotic distribution of the instrumental variable estimators when the instruments are not correlated with the regressors

Economics Letters

Volumn 74, Issue 1, 2001, Pages 61-66

  Han, Chirok ^a   Schmidt, Peter ^a  

^a MICHIGAN STATE UNIVERSITY   (United States)

Author keywords

C1; C3; Instrumental variables; Irrelevant instruments; Weak instruments

Indexed keywords

EID: 0035639662     PISSN: 01651765     EISSN: None     Source Type: Journal    
DOI: 10.1016/S0165-1765(01)00520-1     Document Type: Article

References (6)

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4. Magnus J.R., Neudecker H. Matrix Differentiation Calculus with Applications in Statistics and Econometrics. 1988;Wiley, New York.
5. Phillips P.C.B. The exact distribution of instrumental variable estimators in an equation containing n+1 endogenous variables. Econometrica. 48:1980;861-878.
6. Staiger D., Stock J.H. Instrumental variables regression with weak instruments. Econometrica. 65:1997;557-586.