Jaeger, David A.; Parys, Juliane - Institute for the Study of Labor (IZA) - 2009
's Distance, heteroskedasticity, outliers, return to education,
specification, weak instruments
Corresponding author … Staiger and
Stock (1997) have mainly motivated the recent weak instruments literature, where conventional
large sample …-econometric literature on weak instruments
(see Stock et al. (2002) for an overview of the issues).
One of the lessons from the BJB …