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Could you please tell me whats the difference between the test based on TSLS bias and TSLS size. Should i consider both of them? I got following results. PLease advise me.
Weak identification test (Cragg-Donald Wald F statistic): 14.021
Stock-Yogo weak ID test critical values: 5% maximal IV relative bias 13.97
10% maximal IV relative bias 8.78
20% maximal IV relative bias 5.91
30% maximal IV relative bias 4.79
10% maximal IV size 19.45
15% maximal IV size 11.22
20% maximal IV size 8.38
25% maximal IV size 6.89
Source: Stock-Yogo (2005). Reproduced by permission.