Weak instruments and weak identification, in estimating the effects of education, on democracy

Résumé

Is there any relation between education and democracy? Once we correct for weak instruments and identify education as “weakly exogenous” we find new evidence that education systematically predicts democracy. Our results are robust across model specification, instrumentation strategies, and samples.

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Référence

Matteo Bobba et Decio Coviello, « Weak instruments and weak identification, in estimating the effects of education, on democracy », Economics Letters, vol. 96, 2007, p. 301–306.