Instrument Relevance in Multivariate Linear Models

A-Tier
Journal: Review of Economics and Statistics
Year: 1999
Volume: 81
Issue: 3
Pages: 550-552

Score contribution per author:

4.022 = (α=2.01 / 1 authors) × 2.0x A-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

A measure of the relevancy of instruments used to estimate the coefficients of a linear multiple regression model is discussed. A method for computing the measure using only standard results from ordinary least squares and two-stage least squares estimation is described. The method is illustrated using an empirical example. © 1999 by the President and Fellows of Harvard College and the Massachusetts Institute of Technology

Technical Details

RePEc Handle
repec:tpr:restat:v:81:y:1999:i:3:p:550-552
Journal Field
General
Author Count
1
Added to Database
2026-01-25