Weak Instruments and Weak Identification in Estimating the Effects of Education on Democracy
Is there any relation between education and democracy? Once we correct for weak instruments and identify education as `weakly exogenous` we find new evidence that education systematically predicts democracy. Our results are robust across model specification, instrumentation strategies, and samples.
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Review of Economic Studies,
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2001-W21, Economics Group, Nuffield College, University of Oxford.
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