Abstract This article studies the treatment effect models in which individuals are classified into unobserved groups …

-price auction under unobserved auction heterogeneity-imperfectly observed by the seller-that captures this rationale and derive … perfect information about unobserved auction heterogeneity would increase surplus by 5.22%. Combining a secret reserve price …

with unobserved auction-level heterogeneity and an unknown number of bidders. When the seller's reserve price and two order … statistics of bids are observed, we derive conditions under which the distributions of buyer valuations, unobserved heterogeneity …

of the return to unobserved skills, in the period of 2003 to 2013. We use a method similar to that proposed by Cortes e … Hidalgo-Pérez (2015), based on a hypothesis of invariance of the dispersion of unobserved skills for a group of workers who … return (price) to unobserved skills, much more intense than what occurs without considering the influence of unobservable …

In this paper, we estimate trend inflation in Sweden using an unobserved components stochastic volatility model. Using …

-bidding regulation could be appropriate. We study the unobserved heterogeneity of employees and use a quadratic-inlogs, finite …

We estimate the effects of unobserved skills on labor market outcomes by investigating a change in the distribution of … unobserved skills. Among people with the same levels of observed skills such as education and work experience, there are still …

shows the identification of unobserved variables in observations at the population level. When the observables are distinct …