1. What is the problem with the typical use and interpretation of the t-ratio for inference in just-identified IV models? Practitioners typically use the critical values ±1.96 for the IV t-ratio when ...

Moment inequalities provide a framework to extract reliable information from models where parameters cannot be precisely identified. Owing to either optimisation behaviour by individual agents or ...

In all aspects of conducting a study we are trying to ensure we can make valid inference. In this sense much of application of statistics is concerned with ensuring valid inference. In many types of ...

In all aspects of conducting a study we are trying to ensure we can make valid inference. In this sense much of application of statistics is concerned with ensuring valid inference. In many types of ...

Weak instrument robust inference is a critical area in econometrics that addresses the reliability of instrumental variable techniques when instruments exhibit only a feeble correlation with the ...