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Microeconomic models with latent variables : applications of measurement error models in empirical industrial organization and labor economics

Hu, Yingyao - 2015

This paper reviews recent developments in nonparametric identi.cation of mea- surement error models and their applications in applied microeconomics, in particular, in empirical industrial organization and labor economics. Measurement error models describe mappings from a latent distribution to...

Persistent link: https://www.econbiz.de/10010469057

Sharp identified sets for discrete variable IV models

Chesher, Andrew; Smolinski, Konrad - 2010

Instrumental variable models for discrete outcomes are set, not point, identifying. The paper characterises identi.ed sets of structural functions when endogenous variables are discrete. Identi.ed sets are unions of large numbers of convex sets and may not be convex nor even connected. Each of...

Persistent link: https://www.econbiz.de/10003989956

Maximum score estimation of preference parameters for a binary choice model under uncertainty

Chen, Le-Yu; Lee, Sokbae; Sung, Myung Jae - 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/10009734334

A Bayesian mixed logit-probit model for multinomial choice

Burda, Martin (contributor); Harding, Matthew (contributor); … - 2008

driving distance to the supermarket based on their respective locations. Our semi-parametric approach allows us to identify a …

Persistent link: https://www.econbiz.de/10003746887

Econometric modeling of interdependent discrete choice with applications to market structure

Chesher, Andrew; Rosen, Adam M. - 2020

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

Identification and estimation of dynamic structural models with unobserved choices

Hu, Yingyao; Xin, Yi - 2020

This paper develops identification and estimation methods for dynamic structural models when agents' actions are unobserved by econometricians. We provide conditions under which choice probabilities and latent state transition rules are nonparametrically identified with a continuous state...

Persistent link: https://www.econbiz.de/10012271085

Identiﬁcation and estimation of dynamic structural models with unobserved choices

Hu, Yingyao; Xin, Yi - 2019

This paper develops identiﬁcation and estimation methods for dynamic structural models when agents' actions are unobserved by econometricians. We provide conditions under which choice probabilities and latent state transition rules are nonparametrically identiﬁed with a continuous state...

Persistent link: https://www.econbiz.de/10012019994

Identification of a class of index models : a topological approach

Fosgerau, Mogens; Kristensen, Dennis - 2019

We establish nonparametric identification in a class of so-called index models using a novel approach that relies on general topological results. Our proof strategy imposes very weak smoothness conditions on the functions to be identified and does not require any large support conditions on the...

Persistent link: https://www.econbiz.de/10012109838

Structural modeling of simultaneous discrete choice

Chesher, Andrew; Rosen, Adam M. - 2020

Models of simultaneous discrete choice may be incomplete, delivering multiple values of out- comes at certain values of the latent variables and covariates, and incoherent, delivering no val- ues. Alternative approaches to accommodating incompleteness and incoherence are considered in a unifying...

Persistent link: https://www.econbiz.de/10012165372

Breaking the curse of dimensionality in conditional moment inequalities for discrete choice models

Chen, Le-yu; Lee, Sokbae - 2017

This paper studies inference of preference parameters in semiparametric discrete choice models when these parameters … the semiparametric modeling restrictions, we show that the identified set can be equivalently formulated by moment … variety of semiparametric models under which the sign of conditional expectation of a certain transformation of the outcome is …

Persistent link: https://www.econbiz.de/10011775363