21. Weak VS Strong Instruments | Consequences, Detection Method, Solutions, Examples | AN Economist

In this video I have explained the distinction between weak and strong instrumental variables. The statistical test for detection has been carefully explained along with relevant examples and solution techniques. Like, Share & SUBSCRIBE!!! My Playlists:    • A Complete Course on Advanced Econometrics      • A Complete Course on Time Series Analysis ...      • ISI JRF Economics Q&A      • A Complete Course on Econometric Methods      • Python Tutorial - Basic to Advanced      • Course on Introductory Mathematical Economics      • Statistics for Economics      • Introductory Microeconomics      • Case Studies   Happy Learning _ AN Economist!!!