Explore advanced concepts of Instrumental Variable (IV) Estimation in this 31-minute lecture. Delve into the intricacies of IV Estimation, focusing on endogenous explanatory variables and the reasons behind endogeneity. Gain a comprehensive understanding of the conditions necessary for effective IV implementation. Learn how to address challenges in econometric analysis and improve the accuracy of causal inference in complex statistical models.
Overview
Syllabus
Instrumental Variable Estimation - Part II
Taught by
NPTEL-NOC IITM