Consider model Y; = a + pS¡ + yA¡ + vị. If A cannot be observed, what assumptions must hold for a valid instrumental variable Z? Consider model Y; = a + pS; + yA; + vj. If A cannot be observed and Z...

Consider model Y; = a + pS¡ + yA¡ + vị. If A cannot be observed, what assumptions must hold for a valid<br>instrumental variable Z?<br>Consider model Y; = a + pS; + yA; + vj. If A cannot be observed and Z is a valid instrumental variable, what is<br>the estimate for p?<br>

Extracted text: Consider model Y; = a + pS¡ + yA¡ + vị. If A cannot be observed, what assumptions must hold for a valid instrumental variable Z? Consider model Y; = a + pS; + yA; + vj. If A cannot be observed and Z is a valid instrumental variable, what is the estimate for p?

Jun 10, 2022

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Consider model Y; = a + pS¡ + yA¡ + vị. If A cannot be observed, what assumptions must hold for a valid instrumental variable Z? Consider model Y; = a + pS; + yA; + vj. If A cannot be observed and Z...

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