THE ESTIMATION OF ECONOMIC RELATIONSHIPS USING INSTRUMENTAL VARIABLES

By J. Sargan. 1958

Subfields: Economics & Operations Research

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Citations in the corpus

Concrete Problems in AI Safety (2016, background): “The econometrics literature has in fact developed a large family of tools for handling partial specification, which also includes limitedinformation maximum likelihood and instrumental variables [10, 11, 131, 130].”
Experimenting with Measurement Error: Techniques with Applications to the Caltech Cohort Study (2019, background): “This,minusthe participant ’ s true performance, gives two measures of overestimation — one for each of the two tasks.”
Globalization and Economic Growth: A Political Economy Analysis for OECD Countries (2010, methodology): “To address this issue, we consider the Sargan ( 1958 , 1988 ) test of over-identifying restrictions, which examines the overall validity of the instruments by analyzing the sample analog of the moment conditions used in the estimation process.”
The confidence interval method for selecting valid instrumental variables (2019, background): “…Andrews (1999) and estimate the causal effect for all 2kz − ( kz + 1 ) possible subsets of at least two instruments, where kz denotes the total number of instruments, and to select the model that minimises an information criterion based on the Sargan (1958) test of overidentifying restrictions.”
Bayesian Model Averaging in the Instrumental Variable Regression Model (2012, unknown): “In practice, researchers typically try different specifications until a set of restrictions (i.e. a particular choice of instruments, exogenous and endogenous regressors) passes a battery of misspecification tests (e.g. Anderson and Rubin, 1949, 1950; Hausman, 1983; Sargan, 1958).”
Capital Structure, CEO Dominance, and Corporate Performance (2011, unknown): “To ensure that our instruments are appropriate, we perform Sargan’s (1958) test of over-identifying restrictions.”
Endogeneity - how failure to correct for it can cause wrong inferences and some remedies (2015, unknown): “The validity of the instruments can be confirmed via a Sargan (1958) test and Hansen (1982) J test.”
Funding Self-Sustaining Development: The Role of Aid, FDI and Government in Economic Success (2006, background): “…respectively+ Thus both theoretically and statistically, population and distance seem to serve as acceptable instruments for aid in both sets of regressions+ 57+ See Arellano and Bond 1991; Arellano and Bover 1995; Blundell and Bond 1998+ 58+ See Carkovic and Levine 2002+ 59+ Sargan 1958, 404+”