Advanced Certificate in Instrumental Variables: Smarter Decision Making
-- ViewingNowThe Advanced Certificate in Instrumental Variables: Smarter Decision Making is a comprehensive course that equips learners with the essential skills needed to make data-driven decisions in today's data-driven world. This course is of utmost importance as it provides a deep understanding of Instrumental Variables, a powerful statistical technique used to address endogeneity and estimate causal effects in observational data.
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โข Introduction to Instrumental Variables (IV): Understanding the Concept & Importance
โข IV Estimation Techniques: Two-Stage Least Squares (2SLS), Limited Information Maximum Likelihood (LIML), & Generalized Method of Moments (GMM)
โข Choosing Instruments: Relevance, Exclusion Restriction, & Validity
โข Advanced IV Diagnostics: Overidentification Restrictions, Weak Instruments, & Heteroscedasticity
โข Instrumental Variables in Practice: Applications & Case Studies
โข Robustness Checks for IV Estimates: Placebo Tests, Alternative Specifications, & Sensitivity Analysis
โข Time-Series IV: Dynamic Panels, Arellano-Bond Estimator, & System GMM
โข IV for Binary & Limited Dependent Variables: Two-Stage Residual Inclusion (2SRI), Control Function Approach, & Marginal Effects
โข Instrumental Variables in Machine Learning: Double/Debiased Machine Learning (DML) & High-Dimensional IV
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