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We derive the empirical content of an instrumental variables model of sectorial choice with binary outcomes. Assumptions on selection include the simple, extended and generalized Roy models. The derived bounds are nonparametric intersection bounds and are simple enough to lend themselves to...
Persistent link: https://www.econbiz.de/10009652125
We show that confidence regions covering the identified set may be preferable to confidence regions covering each of its points in robust control applications.
Persistent link: https://www.econbiz.de/10009321209
In the spatial model of voting, voters choose the candidate closest to them in the ideological space. Recent work by (Degan and Merlo 2009) shows that it is falsifiable on the basis of individual voting data in multiple elections. We show how to tackle the fact that the model only partially...
Persistent link: https://www.econbiz.de/10009149437