Let the Data Speak? On the Importance of Theory-Based Instrumental Variable Estimations
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DOI: 10.1111/geer.12192
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- Volker Grossmann & Aderonke Osikominu, 2019. "Let the Data Speak? On the Importance of Theory‐Based Instrumental Variable Estimations," German Economic Review, Verein für Socialpolitik, vol. 20(4), pages 831-851, November.
- Grossmann, Volker & Osikominu, Aderonke, 2019. "Let the Data Speak? On the Importance of Theory-Based Instrumental Variable Estimations," IZA Discussion Papers 12080, Institute of Labor Economics (IZA).
- Volker Grossmann & Aderonke Osikominu, 2019. "Let the Data Speak? On the Importance of Theory-Based Instrumental Variable Estimations," CESifo Working Paper Series 7469, CESifo.
References listed on IDEAS
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- Ernst Fehr, 2009. "On the economics and biology of trust," IEW - Working Papers 399, Institute for Empirical Research in Economics - University of Zurich.
- Ernst Fehr, 2008. "On the Economics and Biology of Trust," SOEPpapers on Multidisciplinary Panel Data Research 154, DIW Berlin, The German Socio-Economic Panel (SOEP).
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More about this item
Keywords
Bayes’ Rule; economic development; identification; instrumental variable estimation; macroeconomic theory;All these keywords.
JEL classification:
- C10 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - General
- C36 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Instrumental Variables (IV) Estimation
- O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
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