stock_yogo_reccomender {cragg} R Documentation

## Recommend a critical value for the Cragg-Donald test given a maximum allowable bias/size distortion

### Description

Recommend a critical value for the Cragg-Donald test given a maximum allowable bias/size distortion

### Usage

stock_yogo_reccomender(K, N, B, size_bias)


### Arguments

 K (int). The number of instruments. N (int). The number of endogenous variables (treatments) B One of [.05, .1, .15, .2, .25, .3]. The maximum size of allowable bias relative to the normal OLS or the maximum Wald test size distortion. size_bias Either "bias" or "size". Whether to use a critical value based on the maximum allowable bias relative to regular OLS (bias), or maximum Wald test size distortion.

### Value

(float) the recommended critical value.

### Examples

#To reccomend a critical value for a test with 2 endogenous variables
#and four instruments based on a 5% maximum allowable bias relative to OLS

stock_yogo_reccomender(4,2,.05,"bias")



[Package cragg version 0.0.1 Index]