C36

Daniel J Lewis · Karel Mertens

This paper develops a test for instrument strength based on the bias of two-stage least squares (2SLS) that: (1) generalizes the Stock-Yogo (2005) and Sanderson-Windmeijer (2016) tests to be robust to …

Silvia Miranda-Agrippino · Sinem Hacıoğlu-Hoke · Kristina Bluwstein

This paper constructs an instrumental variable for technology news shocks using patent applications, relaxing all identifying assumptions traditionally used in the news-shock literature. The IV is the …

Deniz Dutz · Ingrid Huitfeldt · Santiago Lacouture · Magne Mogstad · Alexander Torgovitsky · Winnie van Dijk

This paper addresses nonresponse bias in surveys — the distortion that arises when survey participants differ systematically from nonparticipants in ways that correlate with the survey’s …