Econometrics II. Lecture 6. Instrumental Variables Regression. Part 2

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In this lecture we discuss the estimation of 2SLS regression and related statistical tests 00:00 Introduction 09:38 Statistical inference in IV regression 14:35 Empirical example 29:46 General IV model 32:20 Identification 37:40 IV estimation with control variables 54:33 IV estimation with several indigenous regressors 59:24 Instrument relevance. Weak instruments 1:07:58 Instrument exogeneity. J-test of overidentifying restrictions The course “Econometrics II“ for the 3rd year bachelors in Economics Taught at BRICS institute, Irkutsk National Research Technical University, Winter semester 2022

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