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Conceptual frameworks and experimental design in simultaneous equations

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Author Info
Poskitt, D.S.
Skeels, C.L.

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Abstract

Using examples drawn from two important papers in the recent literature on weak instruments, we demonstrate how observed experimental outcomes can be profoundly influenced by the different conceptual frameworks underlying two experimental designs commonly employed when simulating simultaneous equations.

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File URL: http://www.sciencedirect.com/science/article/B6V84-4RC2NHK-7/1/d01a5eb0476fbd0b0ac1934208619a83
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Publisher Info
Article provided by Elsevier in its journal Economics Letters.

Volume (Year): 100 (2008)
Issue (Month): 1 (July)
Pages: 138-142
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Handle: RePEc:eee:ecolet:v:100:y:2008:i:1:p:138-142

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