Instrumental variables regression

TL;DR

This paper discusses instrumental variables regression within a re-sampling framework, introducing a structural identification approach and providing a multiplier-bootstrap justification for the method.

Contribution

It presents a novel structural identification method for IV regression and offers a bootstrap-based justification for its validity.

Findings

Introduces a new structural identification technique for IV models.

Provides a multiplier-bootstrap justification for the proposed method.

Enhances the theoretical understanding of IV regression in re-sampling contexts.

Abstract

IV regression in the context of a re-sampling is considered in the work. Comparatively, the contribution in the development is a structural identification in the IV model. The work also contains a multiplier-bootstrap justification.