Instrumental Variable: Revision history

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25 February 2025

  • curprev 11:2511:25, 25 February 2025‎ Ai talk contribs‎ 6,333 bytes +6,333‎ Created page with "== Introduction == An Instrumental Variable (IV) is a powerful statistical tool used in econometrics and other social sciences to estimate causal relationships when controlled experiments are not feasible. The primary purpose of an instrumental variable is to provide consistent estimates of causal effects in the presence of endogeneity, which occurs when an explanatory variable is correlated with the error term in a regression model. This correlation can lead to bia..."
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