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Reply of Econometrics 2015, 3(1), 55-64.

Reply of Econometrics 2017, 5(3), 31.

Open AccessReply
Econometrics 2017, 5(3), 32; doi:10.3390/econometrics5030032

On the Interpretation of Instrumental Variables in the Presence of Specification Errors: A Reply

1
Federal Reserve Board (Retired), 6333 Brocketts Crossing, Kingstowne, VA 22315, USA
2
Department of Economics, Leicester University, University Road, Leicester LEI 7RH, UK
3
Bank of Greece, 21 El. Venizelos Ave. 102 50, Athens, Greece
4
Federal Reserve Board (Retired), Washington, DC 20551, USA
*
Author to whom correspondence should be addressed.
Academic Editors: In Choi, Steve Cook, Marc S. Paolella and Jeffrey S. Racine
Received: 30 June 2017 / Revised: 10 July 2017 / Accepted: 12 July 2017 / Published: 19 July 2017
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We appreciate the effort and thoughtfulness of Raunig’s (2017) attempted critique of Swamy et al. (2015).[...] View Full-Text
This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited. (CC BY 4.0).

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Swamy, P.; Hall, S.G.; Tavlas, G.S.; von zur Muehlen, P. On the Interpretation of Instrumental Variables in the Presence of Specification Errors: A Reply. Econometrics 2017, 5, 32.

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