Advanced econometrics
Chapter 9 : Endogeneity and instrumental variables
By Lund University
Endogeneity and instrumental variables
Endogeneity
Common situations where exogeneity will fail.
The linear regression model with “underspecification”
The linear regression model with “overspecification”
The linear regression model with a missing variable
The linear regression model with a missing variable, part 2
The linear regression model with a redundant variable
Measurement errors
Simultaneity
Underspecification
Missing variable
Measurement errors
Simultaneity
Instrumental variables
Instrumental variables