Contemporaneous and long run canonical correlations in the linear IV model: Implications for instrument selection

C-Tier
Journal: Economics Letters
Year: 2009
Volume: 105
Issue: 1
Pages: 83-85

Authors (3)

Eryuruk, Gunce (not in RePEc) Hall, Alastair R. (University of Manchester) Jana, Kalidas (not in RePEc)

Score contribution per author:

0.335 = (α=2.01 / 3 authors) × 0.5x C-tier

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

Abstract

In the normal linear simultaneous equations model, we demonstrate a close relationship between two recently proposed methods of instrument selection by presenting a fundamental relationship between the two sets of canonical correlations upon which the methods are based.

Technical Details

RePEc Handle
repec:eee:ecolet:v:105:y:2009:i:1:p:83-85
Journal Field
General
Author Count
3
Added to Database
2026-01-25