On the Interpretation of Instrumental Variables in the Presence of Specification Errors: A Reply
Federal Reserve Board (Retired), 6333 Brocketts Crossing, Kingstowne, VA 22315, USA
Department of Economics, Leicester University, University Road, Leicester LEI 7RH, UK
Bank of Greece, 21 El. Venizelos Ave. 102 50, Athens, Greece
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).[...]
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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.
Swamy P, Hall SG, Tavlas GS, Von zur Muehlen P. On the Interpretation of Instrumental Variables in the Presence of Specification Errors: A Reply. Econometrics. 2017; 5(3):32.
Swamy, P.A.V.B.; Hall, Stephen G.; Tavlas, George S.; Von zur Muehlen, Peter. 2017. "On the Interpretation of Instrumental Variables in the Presence of Specification Errors: A Reply." Econometrics 5, no. 3: 32.
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