Back in January, I wrote two posts about dealing with imperfect instruments. One went over Conley et al. (2012), which deals with instruments that the authors deem plausibly exogenous; the other went over Nevo and Rosen (2012), which deals with instruments that the authors deem imperfect.
In a new working paper, Damian Clarke and Benjamin Matta discuss both methods, and they present the Stata commands –plausexog– and –imperfectiv– they created to implement them.
If you are dealing with an instrumental variable that can sort of, kind of meet the exclusion restriction but might not (in other words, almost any observational IV), I suggest checking out their working paper and, if you use Stata, the add-on commands they wrote.
From the ISI Web of Knowledge Journal Citations Report, here is the new top 5 of agricultural economics journals:
- Food Policy 3.086
- American Journal of Agricultural Economics 1.829
- Australian Journal of Agricultural and Resource Economics 1.826
- Journal of Agricultural Economics 1.795
- Agricultural Economics 1.758
I spent the last week in Vail, CO at the Agricultural and Applied Economics’ (AAEA) 2017 Early Career Professionals Workshop where, at the request of AAEA president Jayson Lusk, I talked about research and publishing.
My slides for that talk, titled “How to Publish in Academic Journals,” are here. This is obviously geared toward people interested in publishing in top agricultural and applied economics journals, but there are some things in there that apply generally to almost all if not all economists.
My talk in Vail was an updated version of a talk I had given in Minneapolis at the 2014 annual meetings of the AAEA.