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  • Instrument Relevance in Mul...
    Godfrey, Leslie G.

    The review of economics and statistics, 08/1999, Letnik: 81, Številka: 3
    Journal Article

    A measure of the relevancy of instruments used to estimate the coefficients of a linear multiple regression model is discussed. A method for computing the measure using only standard results from ordinary least squares and two- stage least squares estimation is described. The method is illustrated using an empirical example.