A full course in econometrics - undergraduate level - part 1 - Instrumental Variables example - returns to schooling

This video provides an example of good use of instrumental variables, covering Krueger and Angrist's 1990 study, 'Does Compulsory School Attendance Affect Schooling and Earnings'. Angrist provides a copy of the paper here: http://www.stanford.edu/~pista/angrist.pdf - I very much recommend reading it in its entirety. Check out https://ben-lambert.com/econometrics-course-problem-sets-and-data/ for course materials, and information regarding updates on each of the courses. Quite excitingly (for me at least), I am about to publish a whole series of new videos on Bayesian statistics on youtube. See here for information: https://ben-lambert.com/bayesian/ Accompanying this series, there will be a book: https://www.amazon.co.uk/gp/product/1473916364/ref=pe_3140701_247401851_em_1p_0_ti