Lets assume that educ is endogenous and nearc4 is exogenous to . Is nearc4 a good instrument

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Let’s assume that educ is endogenous and nearc4 is exogenous to . Is nearc4 a good instrument for educ? Show with a regression that nearc4 is a good predictor for educ. Explain.

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Macroeconomics

ISBN: 978-0138014919

12th edition

Authors: Robert J Gordon

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Posted Date: Jan 15, 2021 11:33 PM

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Lets assume that educ is endogenous and nearc4 is exogenous to . Is nearc4 a good instrument

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Overall from relevance nearc4 seems to be more strongly cor... View the full answer

Macroeconomics

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