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Re: st: Problem with IV regression and two-way clustering
From
"Tobias Pfaff" <[email protected]>
To
<[email protected]>
Subject
Re: st: Problem with IV regression and two-way clustering
Date
Thu, 27 Sep 2012 22:29:56 +0200
Dear Austin,
Yes, some individuals move across regions.
If I do the IV regression with two-way clustering, I just find it strange
that the tests point to an invalid instrument, given the rather high
correlation of the focus variable and the instrument.
Regards,
Tobias
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