AER (version 0.2-2)

WeakInstrument: Artificial Weak Instrument Data

Description

Artificial data set to illustrate the problem of weak instruments.

Usage

data("WeakInstrument")

source

Online complements to Stock and Watson (2007).

http://wps.aw.com/aw_stock_ie_2/0,12040,3332253-,00.html

References

Stock, J.H. and Watson, M.W. (2007). Introduction to Econometrics, 2nd ed. Boston: Addison Wesley.

See Also

StockWatson2007

Examples

data("WeakInstrument")
fm <- ivreg(y ~ x | z, data = WeakInstrument)
summary(fm)