Instrumental Variables: Uses and Limitations
نویسندگان
چکیده
منابع مشابه
Instrumental Variables Application and Limitations Edwin
To correct for confounding, the method of instrumental variables (IV) has been proposed. Its use in medical literature is still rather limited because of unfamiliarity or inapplicability. By introducing the method in a nontechnical way, we show that IV in a linear model is quite easy to understand and easy to apply once an appropriate instrumental variable has been identified. We also point out...
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A Direct Monte Carlo (DMC) approach is introduced for posterior simulation in the Instrumental Variables (IV) model with one possibly endogenous regressor, multiple instruments and Gaussian errors under a flat prior. This DMC method can also be applied in an IV model (with one or multiple instruments) under an informative prior for the endogenous regressor’s effect. This DMC approach can not be...
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ژورنال
عنوان ژورنال: PM&R
سال: 2018
ISSN: 1934-1482
DOI: 10.1016/j.pmrj.2018.02.002