Showing 1 - 10 of 204
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/10011445721
following matching mechanism: take a random draw from the W = wj subgroup of the first population and match her with an …), denote the expected output associated with this match. We show that (i) the AMF is identified when matching is conditionally … exogenous, (ii) conditionally exogenous matching is compatible with a pairwise stable aggregate matching equilibrium under …
Persistent link: https://www.econbiz.de/10011445793
We propose an optimal-transport-based matching method to nonparametrically estimate linear models with independent …
Persistent link: https://www.econbiz.de/10012621079
The matching method for treatment evaluation does not balance selective unobserved differences between treated and non …, provide a natural application. In an empirical analysis, we first examine the performance of matching versus regression …, where compliance is imperfect among the young. Adjusting the matching estimator for selectivity changes the results towards …
Persistent link: https://www.econbiz.de/10010318475
Hedonic pricing with quasilinear preferences is shown to be equivalent to stable matching with transferable utilities …, meaning the matching is one-to-one outside a negligible set. For smooth problems set on compact, connected type spaces such as …
Persistent link: https://www.econbiz.de/10010318563
In empirical studies, the data usually don't include all the variables of interest in an economic model. This paper shows the identification of unobserved variables in observations at the population level. When the observables are distinct in each observation, there exists a function mapping...
Persistent link: https://www.econbiz.de/10014302515
It is often desired to rank different populations according to the value of some feature of each population. For example, it may be desired to rank neighborhoods according to some measure of intergenerational mobility or countries according to some measure of academic achievement. These rankings...
Persistent link: https://www.econbiz.de/10014302519
The generalized method of moments estimator may be substantially biased in finite samples, especially so when there are large numbers of unconditional moment conditions. This paper develops a class of first order equivalent semi-parametric efficient estimators and tests for conditional moment...
Persistent link: https://www.econbiz.de/10010318448
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/10010318451
This paper uses revealed preference inequalities to provide tight nonparametric bounds on consumer responses to price changes. Price responses are allowed to vary nonparametrically across the income distribution by exploiting microdata on consumer expenditures and incomes over a finite set of...
Persistent link: https://www.econbiz.de/10010318455