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desk (version 1.1.2)

data.iv: Instrumental Variables

Description

This data set is on the use of instrumental variables.

Usage

data.iv

Arguments

Format

A data frame with 8 observations on the following five variables:

yendogenous variable.
x1first exogenous variable.
x2second exogenous variable.
z1first instrumental variable.
z2second instrumental variable.

Details

In Auer et al. (2024, Chap. 20) these hypothetical data are used to illustrate the use of two stage least squares estimation with instrumental variables.