Authors
Lukas Laffers, Giovanni Mellace
Publication date
2017/11
Journal
Empirical Economics
Volume
53
Pages
1281-1286
Publisher
Springer Berlin Heidelberg
Description
In this paper, we show that the testable implications derived in Huber and Mellace (Rev Econ Stat 97:398, 2015) are the best possible to detect invalid instruments in the presence of heterogeneous treatment effects and endogeneity. We also provide formal proof of the fact that those testable implications are only necessary, but not sufficient, conditions for instrument validity.
Total citations
20182019202020212022202320243311
Scholar articles
L Laffers, G Mellace - Discussion Papers on Business and Economics …, 2015