在计量经济学的Endogeneity：有助易变的估计.pptxVIP

Endogeneity in Econometrics:Instrumental Variable Estimation;Endogeneity;Can we ignore the omitted variables bias? It can be satisfactory if the estimates are coupled with the direction of the biases for the key parameters. Can we use proxy to eliminate omitted variable bias? –Sometimes. Can FE estimation solve omitting variable problem? First differencing or fixed effects estimation eliminates time-constant variables. In addition, the panel data methods do not solve the problem of time-varying omitted variables;Idea of IV Estimation;Example ;;What can serve as IV for edu?;IV for skipped cla