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Overidentification Tests with Grouped Data / Caroline Hoxby, M. Daniele Paserman.

NBER Working papers Available online

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Format:
Book
Author/Creator:
Hoxby, Caroline.
Contributor:
National Bureau of Economic Research.
Paserman, M. Daniele.
Series:
Technical Working Paper Series (National Bureau of Economic Research) no. t0223.
NBER technical working paper series no. t0223
Language:
English
Subjects (All):
Data sets.
Physical Description:
1 online resource: illustrations (black and white);
Place of Publication:
Cambridge, Mass. National Bureau of Economic Research 1998.
Cambridge, Mass. : National Bureau of Economic Research, 1998.
Summary:
This paper examines the validity of overidentification tests and exogeneity tests in the presence of grouped data. We find that even a small intra-group correlation, when instruments do not vary within groups, may generate a substantial bias in the standard overidentification tests described in textbooks.
Notes:
Print version record
February 1998.

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