5.3 — Instrumental Variables — Class Content
Overview
Today, we look at another of the most commonly used by professional researchers and econometricians: instrumental variables.
Readings
- Ch. 9 in Bailey, Real Econometrics
- Levitt, 2002, “Using Electoral Cycles in Police Hiring to Estimate the Effect of Police on Crime: Reply”
Slides
Below, you can find the slides in two formats. Clicking the image will bring you to the html version of the slides in a new tab. The lower button will allow you to download a PDF version of the slides.
I suggest printing the slides beforehand and using them to take additional notes in class (not everything is in the slides)!
