Post-instrument covariates are often included as controls in instrumental variable (IV) analyses to address a violation of the exclusion restriction. However, we show that such analyses are subject to biases unless strong assumptions hold. Using linear constant-effects models, we present asymptotic bias formulas for three estimators (with and…

This working paper contains the overheads used in a seminar designed to introduce some basic concepts of statistics to nonstatisticians. The seminar has been presented on several occasions. The first part of the seminar, and the first set of overheads, deals with the essentials of statistics, including: (1) population, sample, and inference; (2)…