Showing 1 - 10 of 17
Persistent link: https://www.econbiz.de/10011546731
Recent research underscores the sensitivity of conclusions drawn from the application of econometric methods devised for quantitative outcome variables to data featuring ordinal outcomes. The issue is particularly acute in the analysis of happiness data, for which no natural cardinal scale...
Persistent link: https://www.econbiz.de/10012128669
This paper builds on Bonhomme (2012) to develop a method to systematically construct moment conditions for dynamic panel data logit models with fixed effects. After introducing the moment conditions obtained in this way, we explore their implications for identification and estimation of the...
Persistent link: https://www.econbiz.de/10012241909
This paper demonstrates the use of bounds analysis for empirical models of market structure that allow for multiple equilibria. From an econometric standpoint, these models feature systems of equalities and inequalities for the determination of multiple endogenous interdependent discrete choice...
Persistent link: https://www.econbiz.de/10012225881
Persistent link: https://www.econbiz.de/10011961632
This paper develops the method of local instrumental variables for models with multiple, unordered treatments when treatment choice is determined by a nonparametric version of the multinomial choice model. Responses to interventions are permitted to be heterogeneous in a general way and agents...
Persistent link: https://www.econbiz.de/10003870351
We construct a theoretical model of the dynamic processes (firm entry, growth, decline, and exit) that underpin the determination of a limiting firm size distribution (FSD). In particular, we model such dynamic processes using key structural parameters; sunk cost, exogenous entry constraints,...
Persistent link: https://www.econbiz.de/10003870856
. For each approach, we use random set theory to characterize sharp identification regions for the marginal distribution of …
Persistent link: https://www.econbiz.de/10009580790
bounds as a by-product of our inferential procedures. We develop theory for large sample inference based on the strong …
Persistent link: https://www.econbiz.de/10009668003
inferential procedures. We develop theory for large sample inference based on the strong approximation of a sequence of series or …
Persistent link: https://www.econbiz.de/10009375645