Hi,
I am using xtabond, and I want to include an additional instrumental
variable to replace one specific explanatory variable. The manual only
refers shortly to the inst option, but this option does not seem to
create a link between my instrument and the variable I want to replace.
Is it necessary to specify this link, or does xtabond know that this
variable is an instrument for one particular variable, so I only have to
specify this instrument with the inst option, and that's it?
Thanks,
Kai