Showing 1 - 10 of 35
. Multiplicity does not necessarily preclude the estimation of a particular model (and in certain cases even improves its … identification), but ignoring it can lead to misspecifications. The survey starts with a general characterization of structural … models that highlights how multiplicity a.ects the classical paradigm. Because the information structure is an important …
Persistent link: https://www.econbiz.de/10010318713
This work studies the large sample properties of the posteriorbased inference in the curved exponential family under increasing dimension. The curved structure arises from the imposition of various restrictions on the model, such as moment restrictions, and plays a fundamental role in...
Persistent link: https://www.econbiz.de/10010368205
This work studies the large sample properties of the posterior-based inference in the curved exponential family under increasing dimension. The curved structure arises from the imposition of various restrictions on the model, such as moment restrictions, and plays a fundamental role in...
Persistent link: https://www.econbiz.de/10010368239
This paper studies the nonparametric identification and estimation of voters' preferences when voters are ideological …
Persistent link: https://www.econbiz.de/10010368181
This paper studies the identification of nonseparable models with continuous, endogenous regressors, also called …
Persistent link: https://www.econbiz.de/10010368223
We show that the identification results of finite mixture and misclassification models are equivalent in a widely … identification of finite mixture models is usually up to permutations of a latent index. This local identification is satisfactory …
Persistent link: https://www.econbiz.de/10011941480
Multivalued treatment models have typically been studied under restrictive assumptions: ordered choice, and more recently unordered monotonicity. We show how treatment effects can be identified in a more general class of models that allows for multidimensional unobserved heterogeneity. Our...
Persistent link: https://www.econbiz.de/10011941484
Control variables provide an important means of controlling for endogeneity in econometric models with nonseparable and/or multidimensional heterogeneity. We allow for discrete instruments, giving identi cation results under a variety of restrictions on the way the endogenous variable and the...
Persistent link: https://www.econbiz.de/10011941530
Individual heterogeneity is an important source of variation in demand. Allowing for general heterogeneity is needed for correct welfare comparisons. We consider general heterogenous demand where preferences and linear budget sets are statistically independent. Only the marginal distribution of...
Persistent link: https://www.econbiz.de/10011445701
We study identification and estimation in first-price auctions with risk-averse bidders and selective entry, building … standard models as special cases. It poses, however, a unique methodological challenge - existing results on identification … restriction - on the copula governing selection into entry - is typically sufficient to restore point identification of all …
Persistent link: https://www.econbiz.de/10011445723