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This paper investigates household consumption changes at retirement by utilizing a comprehensive, diary-based household survey from China. The survey contains both consumption quantity and price information, which permits separating quantity changes from price changes. The mandatory retirement...
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Suppose V and U are two independent mean zero random variables, where V has an asymmetric distribution with two mass points and U has a symmetric distribution. We show that the distributions of V and U are nonparametrically identified just from observing the sum V + U, and provide a rate root n...
Persistent link: https://www.econbiz.de/10010292734
This paper investigates household consumption changes at retirement by utilizing a comprehensive, diary-based household survey from China. The survey contains both consumption quantity and price information, which permits separating quantity changes from price changes. The mandatory retirement...
Persistent link: https://www.econbiz.de/10011760038
Suppose V and U are two independent mean zero random variables, where V has an asymmetric distribution with two mass points and U has a symmetric distribution. We show that the distributions of V and U are nonparametrically identified just from observing the sum V + U, and provide a rate root n...
Persistent link: https://www.econbiz.de/10003854237
The standard regression discontinuity (RD) design deals with a binary treatment. Manyempirical applications of RD designs involve continuous treatments. This paper establishesidentification and robust bias-corrected inference for such RD design. Causal identificationis achieved by utilizing any...
Persistent link: https://www.econbiz.de/10012852432
Dong and Lewbel have developed the theory of simple estimators for binary choice models with endogenous or mismeasured regressors, depending on a “special regressor” as defined by Lewbel (Journal of Econometrics, 2000). These estimators can be used with limited, censored, continuous, or...
Persistent link: https://www.econbiz.de/10011019864
We discuss the relative advantages and disadvantages of four types of convenient estimators of binary choice models when regressors may be endogenous or mismeasured, or when errors are likely to be heteroskedastic. For example, such models arise when treatment is not randomly assigned and...
Persistent link: https://www.econbiz.de/10010960033