Instrumental Variables

Readings

  • AP1 Chapter 4
  • AP2 Chapter 3
  • C Chapter 7
  • CT Chapter 4
  • HA Chapter 12
  • HK Chapter 19
  • K Chapter 9
  • SW Chapter 12
  • W1 Chapter 5
  • W2 Chapters 15

Slides

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Videos

This is a lecture from Prof. Joshua Angrist given for the American Economics Association Continuing Education program (no preview available). View video

Sample R Code

The code below goes through an exercise estimating TSLS when the instrument is exogenous. It shows how to perform the estimation in R, and why it is interpreted as a Local Average Treatment Effect (LATE)

EC655instrumental.R