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Visualise approximate sampling distributions for scalar IV coefficient with local-to-zero adjustment.

Usage

plot_ltz(out = NULL, iv_est = NULL, ltz_est = NULL, prior = NULL, xlim = NULL)

Arguments

out

output from ivDiag::ltz.

iv_est

a two-element vector of IV estimate and standard error.

ltz_est

a two-element vector of local-to-zero estimate and standard error.

prior

a two-element vector of prior mean and standard deviation.

xlim

a two-element vector specifying the range of the x-axis.

Value

A ggplot2 object.

See also

References

Conley, Timothy G, Christian B Hansen, and Peter E Rossi. 2012. "Plausibly Exogenous." Review of Economics and Statistics 94 (1): 260–72.