Instrumental VariablesFinding causal effects when you cannot randomise.EconomicsThe requirements.A valid instrumentRelevance — genuinely moves XExclusion — affects Y only via XIndependence — unrelated to confoundersStrength — a weak instrument biases badlyCommon examplesDistance to a facility for take-upWeather shocks for agricultural incomePolicy changes at arbitrary thresholdsLottery assignment in programmesThe exclusion restriction cannot be tested statistically. It is an argument,and it is where most IV papers are challenged.Instrumental Variableslearnposters.com
Instrumental Variables — printable business wall chart from LearnPosters. Free vector PDF, US Letter and A4.

What’s on the Instrumental Variables poster

8 entries in 2 groups.

The requirements.

The exclusion restriction cannot be tested statistically. It is an argument, and it is where most IV papers are challenged.

Questions about the Instrumental Variables poster

What’s on the Instrumental Variables poster?
8 entries in 2 groups. The requirements. A valid instrument: Relevance — genuinely moves X, Exclusion — affects Y only via X,…; Common examples: Distance to a facility for take-up, Weather shocks for agricultural…. The exclusion restriction cannot be tested statistically. It is an argument, and it is where most IV papers are challenged.
Who is the Instrumental Variables poster for?
Instrumental Variables belongs to the Economics section rather than to a school year, because business is not something one grade owns. Anyone learning econometrics can pin it up — a beginner, a student mid-course, or someone revising years later.
When should you use the Instrumental Variables poster?
An instrument moves X but affects Y only through X. Finding one is the hard part. A wall chart earns its place by being glanceable from where the work is happening, so Instrumental Variables belongs on the wall where that business work actually happens, within glancing distance, rather than filed away.
What other posters go with Instrumental Variables?
Correlation & Causation, Economic Data and Difference in Differences sit alongside Instrumental Variables in the Economics section. Printed together they make a wall rather than a single sheet, which is how a reference set actually gets used.Correlation & CausationEconomic DataDifference in Differences
Is the Instrumental Variables poster free to download and print?
Yes. Instrumental Variables downloads as a free PDF with no account, no email and no watermark, like everything else in the Economics section. Print as many copies as you like for a home, a classroom, a library or a tutoring group; reselling the file is the only thing the licence rules out.Read the licence
What size does the Instrumental Variables poster print at?
Instrumental Variables is a vector PDF laid out for US Letter, and prints on A4 with Fit to page — the same file, no separate download. Because every mark on it is drawn rather than photographed, it stays sharp enlarged to A3, A2 or A1 at a copy shop. Colour carries emphasis only, so a greyscale print of Instrumental Variables loses nothing.Printing guide

Related posters

Charts that sit alongside Instrumental Variables on the same wall.

Browse every Economics poster, or start from the full catalogue.