Colella, Fabrizio; Lalive, Rafael; Sakalli, Seyhun Orcan; … - 2019
Analyses of spatial or network data are now very common. Nevertheless, statistical inference is challenging since unobserved heterogeneity can be correlated across neighboring observational units. We develop an estimator for the variance-covariance matrix (VCV) of OLS and 2SLS that allows for...