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This paper addresses the estimation of a semiparametric sample selection index model where both the selection rule and the outcome variable are binary. Since the marginal effects are often of primary interest and are difficult to recover in a semiparametric setting, we develop estimators for...
Persistent link: https://www.econbiz.de/10009325416
Empirical studies on the relationship between income and happiness commonly use standard ordered response models, the most well-known representatives being the ordered logit and the ordered probit. However, these models restrict the marginal probability effects by design, and therefore limit the...
Persistent link: https://www.econbiz.de/10005703632
identification of average treatment effects on hazard rates without model structure. We estimate these effects by kernel hazard …
Persistent link: https://www.econbiz.de/10010959649
using market wages. This approach implies a fundamental identification problem. We demonstrate that the identification …
Persistent link: https://www.econbiz.de/10011268327
We propose a method to identify bounds (i.e. set identification) on the sharing rule for a general collective household …
Persistent link: https://www.econbiz.de/10011279275
estimate this model it is necessary to impose strong identification restrictions. Estimation results show that education is the …
Persistent link: https://www.econbiz.de/10005233898
We provide new results regarding the identification of peer effects. We consider an extended version of the linear … cases, we provide easy-to-check necessary and sufficient conditions for identification. We show that endogenous and … exogenous effects are generally identified under network interaction, although identification may fail for some particular …
Persistent link: https://www.econbiz.de/10005233912
This paper reviews the problems and potential benefits of integrating personality psychology into economics. Economists have much to learn from and contribute to personality psychology.
Persistent link: https://www.econbiz.de/10009278194
When policymakers and private agents use models, the economists who design the model have an incentive to alter it in order to influence outcomes in a fashion consistent with their own preferences. I discuss some consequences of the existence of such ideological bias. In particular, I analyze...
Persistent link: https://www.econbiz.de/10010604107
The decision of whether or not to migrate has far-reaching consequences for the lives of individuals and their families. But the very nature of this choice makes identifying the impacts of migration difficult, since it is hard to measure a credible counterfactual of what the person and their...
Persistent link: https://www.econbiz.de/10008466441