Weak Instruments Are a Problem Because

question 4

Multiple Choice

Weak instruments are a problem because

• A)the TSLS estimator may not be normally distributed, even in large samples.
• B)they result in the instruments not being exogenous.
• C)the TSLS estimator cannot be computed.
• D)you cannot predict the endogenous variables any longer in the first stage.

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Definitions:

Performance Appraisal

A systematic evaluation of an employee's job performance and productivity, usually conducted by their manager or supervisor.

Appeal Procedures

The formal process through which an individual can formally challenge a decision made by an authority, especially within organizational or legal contexts.

Focal-Point Review

A focal-point review is a performance appraisal strategy focusing on key achievements and critical areas of improvement for an individual or a team.

Review Interval

The scheduled period or frequency at which performance reviews or evaluations occur within an organization, which can vary from monthly to annually.