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Showing 1 to 1 of 1 for “"Lagged IV"”.
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Three Essays On Political Economy And The Methods
… leader. Chapter 3 (Essay 2) discusses the lagged IV method, namely using the lagged endogenous explanatory variable as its instrumental variable (IV). This paper starts with a conceptual framework, and then conducts the numerical analysis. It shows that when the lagged IV only violates the …