Narrow search
Showing 1 - 10 of 52
Cover Image
Why the apple doesn't fall far: understanding intergenerational transmission of human capital
Black, Sandra E.; Devereux, Paul J.; Salvanes, Kjell G. - Centre for Microdata Methods and Practice (CEMMAP) - 2003
Parents with higher education levels have children with higher education levels. However, is this because parental education actually changes the outcomes of children, suggesting an important spillover of education policies, or is it merely that more able individuals who have higher education...
Persistent link: https://www.econbiz.de/10005037571
Cover Image
Maximum score estimation of preference parameters for a binary choice model under uncertainty
Chen, Le-Yu; Sokbae 'Simon' Lee; Sung, Myung Jae - Centre for Microdata Methods and Practice (CEMMAP) - 2013
This paper develops maximum score estimation of preference parameters in the binary choice model under uncertainty in which the decision rule is affected by conditional expectations. The preference parameters are estimated in two stages: we estimate conditional expectations nonparametrically in...
Persistent link: https://www.econbiz.de/10010640964
Cover Image
Efficient estimation of semiparametric conditional moment models with possibly nonsmooth residuals
Chen, Xiaohong; Pouzo, Demian - Centre for Microdata Methods and Practice (CEMMAP) - 2008
limiting distribution of the PSMD estimator of the parametric components. (3) The semiparametric efficiency bound results of Ai …
Persistent link: https://www.econbiz.de/10005727653
Cover Image
Generalized nonparametric deconvolution with an application to earnings dynamics
Bonhomme, Stéphane; Robin, Jean-Marc - Centre for Microdata Methods and Practice (CEMMAP) - 2008
<p><p><p>In this paper,we construct a nonparametric estimator of the distributions of latent factors in linear independent multi-factor models under the assumption that factor loadings are known. Our approach allows to estimate the distributions of up to L(L+1)/2 factors given L measurements. The...</p></p></p>
Persistent link: https://www.econbiz.de/10005727657
Cover Image
Sharp identification regions in games
Beresteanu, Arie; Molchanov, Ilya; Molinari, Francesca - Centre for Microdata Methods and Practice (CEMMAP) - 2008
We study identification in static, simultaneous move finite games of complete information, where the presence of multiple Nash equilibria may lead to partial identification of the model parameters. The identification regions for these parameters proposed in the related literature are known not...
Persistent link: https://www.econbiz.de/10005727666
Cover Image
Estimation of nonparametric conditional moment models with possibly nonsmooth moments
Chen, Xiaohong; Pouzo, Demian - Centre for Microdata Methods and Practice (CEMMAP) - 2008
<p><p>This paper studies nonparametric estimation of conditional moment models in which the residual functions could be nonsmooth with respect to the unknown functions of endogenous variables. It is a problem of nonparametric nonlinear instrumental variables (IV) estimation, and a difficult nonlinear...</p></p>
Persistent link: https://www.econbiz.de/10005727674
Cover Image
Heterogeneity and the nonparametric analysis of consumer choice: conditions for invertibility
Beckert, Walter; Blundell, Richard - Centre for Microdata Methods and Practice (CEMMAP) - 2005
This paper considers structural nonparametric random utility models for continuous choice variables. It provides suffcient conditions on random preferences to yield reduced- form systems of nonparametric stochastic demand functions that allow global invertibility between demands and random...
Persistent link: https://www.econbiz.de/10005727677
Cover Image
Local GEL methods for conditional moment restrictions
Smith, Richard - Centre for Microdata Methods and Practice (CEMMAP) - 2005
semiparametric efficiency lower bound. The requisite GEL criteria are constructed by local smoothing and parallel the local … semiparametric efficient EL method formulated by Kitamura, Tripathi and Ahn (2004) for conditional moment restrictions. A particular …
Persistent link: https://www.econbiz.de/10005727678
Cover Image
Welfare measurement and measurement error
Chesher, Andrew; Schluter, Christian - Centre for Microdata Methods and Practice (CEMMAP) - 2001
The approximate effects of measurement error on a variety of measures of inequality and poverty are derived. They are shown to depend on the measurement error variance and functionals of the error contaminated income distribution, but not on the form of the measurement error distribution, and to...
Persistent link: https://www.econbiz.de/10005727680
Cover Image
Endogeneity in semiparametric binary response models
Blundell, Richard; Powell, James - Centre for Microdata Methods and Practice (CEMMAP) - 2001
This paper develops and implements semiparametric methods for estimating binary response (binary choice) models … withcontinuous endogenous regressors. It extends the existing literature on semiparametric estimation in single index binary response … a labor market participation problem using a large micro data set from the British FES. The semiparametric estimator is …
Persistent link: https://www.econbiz.de/10005727681