Hello Everyone,
I was wondering what are the critical values to use when taking a decision using the Kleibergen-Paap Wald rk F statistic. I am using ivreghdfe command and I have more than one endogenous variable and instruments. I wanted to check the instrument relevance criterion and I am using the Kleibergen-Paap Wald rk F statistic because I have clustered errors terms. Do I use Stock and Yogo (2005) critical values ?
Best regards
I was wondering what are the critical values to use when taking a decision using the Kleibergen-Paap Wald rk F statistic. I am using ivreghdfe command and I have more than one endogenous variable and instruments. I wanted to check the instrument relevance criterion and I am using the Kleibergen-Paap Wald rk F statistic because I have clustered errors terms. Do I use Stock and Yogo (2005) critical values ?
Best regards
