Variable | (1) | (2) | (3) | (4) |
---|---|---|---|---|
old = 0 | old = 1 | old = 2 | old > 2 | |
mcr | 2.1335b (10.17) | 2.125b (3.74) | 0.1477 (0.15) | 1.535a (1.91) |
Control variable | yes | yes | yes | yes |
Weak IV test | 151.7 | 19.1 | 2.99 | 5.55 |
Sargan P-value | 0.2182 | 0.5200 | 0.0000 | 0.0308 |
Sample size | 11,984 | 6013 | 5070 | 4197 |