In Roodman's 2009 paper, he notes that a 'very low instrument count also weakens the Hansen test'. Is there any guidance for how low this is relative to the number of regressors used, for example, if I had 10 instruments and 6 regressors would there be the potential of this test being weakened?
Also, I am unsure how to interpret the difference in Hansen test on Stata. Under the null of joint instrument validity, do I require the 'Hansen test excluding group' result to be over 0.05 (5% significance level) or the 'difference (null h=exogenous)' result to be over 0.05?
Related Posts with Hansen Test
Interaction between categorical and continous variable - MNLDear Stata users, I would like to generate interactions between categorical and continuous variable…
Export browse table to ExcelHi there, is there a command that exports the whole data currently in memory to Excel? Practically,…
SFA Trans log fuctional formHello everyone. I am doing some technical efficiency analysis using cross-sectional data.Am looking …
How to find best similar variables using overlaid graph or histograms or else?I have 51 variables containing 6,120 values of each variable. For example, resid1, resid2, ... resid…
Missing values, but no gaps in the dataDear All, I have the following data: Code: * Example generated by -dataex-. To install: ssc inst…
Subscribe to:
Post Comments (Atom)
0 Response to Hansen Test
Post a Comment