The inclusion condition states that the instrument used must be a statistically significant determinant of Y.
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Q1: An instrumental variable explains both the endogenous
Q3: We cannot test if an instrument satisfies
Q4: To conduct an overidentification test we run
Q5: A weak instrument (an instrument that does
Q6: The variance of coefficient estimates in 2SLS
Q7: In order to statistically verify that an
Q8: Which of the following is a justification
Q9: Which of the following is true about
Q10: Which one of the following are factors
Q11: The variance of 2SLS Bj will be
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