计量经济学导论ch15.ppt

? 2013 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. ? 2013 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Chapter 15 Instrumental Variables Estimation and Two Stage Least Squares Wooldridge: Introductory Econometrics: A Modern Approach, 5e The endogeneity problem is endemic in social sciences/economics In many cases important personal variables cannot be observed These are often correlated