stock_yogo_test: Stock and Yogo Test

Description Usage Arguments Value Warning

View source: R/foos.R

Description

Computes the Stock and Yogo test for weak instruments detection, with critical values

Usage

1
stock_yogo_test(X, Z, bias = 0.1)

Arguments

X

The Endogenous variables

Z

The Instruments

bias

The maximum bias accept. Current values are 0.05,0.1,0.2,0.3. Default is 0.1.

Value

The value of the Donald Cragg Statistics and the critical value for the number of endogenous and the number of instruments

Warning

Only work until 30 instruments or 3 endogenous variables


danmrc/weak-instruments-r documentation built on March 19, 2018, 8:07 a.m.