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Re: st: xt iv regression: instrumented variables with different instruments


From   Nick Cox <[email protected]>
To   [email protected]
Subject   Re: st: xt iv regression: instrumented variables with different instruments
Date   Wed, 27 Mar 2013 00:05:05 +0000

See e.g. http://www.stata.com/statalist/archive/2003-08/msg00079.html

'You should disabuse yourself of the notion that "this is an
instrument for that"; as frequently mentioned on this list and in the
cited Stata FAQ, instrumental variables estimators do not work that
way. All of the Z variables are instruments for all of the included Y
variables.' [Kit Baum]

Nick

On Tue, Mar 26, 2013 at 11:50 PM, nicolas87 <[email protected]> wrote:

> I want to estimate a unbalanced panel. My problem is that I have two
> variables that I need to instrument but I want to use a different instrument
> for each one. Is there a command that solves my problem?
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