Re: st: endogenous variables

[Conor Hughes <cbhughes@uchicago.edu>]

Yes, it's biased.

- Conor

On Sat, Aug 7, 2010 at 2:44 AM, Bin Dong <dongbin66@gmail.com> wrote:
> Dear all,
>
> Assume that there are three endogenous variables in aregression. if I
> instrument one of the three variables, the coefficient of the variable
> instrumented is biased or not? Thanks.
>
> Bin
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