2sls regression

[Sujata Luiss]

Hello All,

I need a help as I am stick in a situation while dealing with instrumental variables

In one of my regrssions I have used lagged values of my independent variables as instruments
Now those independent as well as lagged are interaction terms.

Like:
Dep variable = β0 + β1(dominant CEO) i,t-1 +β2DomCEOi,t-1*CEOfin i,t-1 +β3 DomCEOi,t-1 * CEOedu + control variables

Now, I use lagged values of these two interaction terms
Domceo * ceofin
Domceo*ceoedu

As instruments
The lagged values are showing significant relationship in the first stage of our 2sls regression with our endogeneous regressors but I am getting ceofin and ceoedu are also becoming significant in the first stage.What to do here?

Any help will be appreciated.

[Carlo Lazzaro]

Sujata:
why not sticking with Stata FAQ and share what you typed and what Stata gave you back?

[Carlo Lazzaro]

Sujata:
why not sticking with Stata FAQ and share what you typed and what Stata gave you back? T

[Carlo Lazzaro]

Sujata:
why not sticking with Stata FAQ and share what you typed and what Stata gave you back? Thanks.

[Carlo Lazzaro]

Sujata:
why not sticking with Stata FAQ and share what you typed and what Stata gave you back? Thanks.

[Carlo Lazzaro]

Hi All,
sorry for the repetions.
Yesterday, I received a warning saying "emply message" whenever I tried to reply.
Sorry for that.