Instrumental variables (IV) estimation of a demand equation using time series data is shown to produce a weighted average derivative of heterogeneous potential demand functions. This result adapts recent work on the causal interpretation of two-stage least squares estimates to the simultaneous...

Child malnutrition in Bangladesh exceeds WHO's threshold for public health emergencies. Using more than 36,000 records from several waves of the Bangladesh Demographic and Health Survey, the research focuses on the socioeconomic determinants of household consumption of all animal-source foods;...

Child malnutrition in Bangladesh exceeds WHO's threshold for public health emergencies. Using more than 36,000 records from several waves of the Bangladesh Demographic and Health Survey, the research focuses on the socioeconomic determinants of household consumption of all animal-source foods;...

In markets where prices are determined by the intersection of supply and demand curves, standard identification results require the presence of instruments that shift one curve but not the other. These results are typically presented in the context of linear models with fixed coefficients and...

Instrumental variables (IV) estimation of a demand equation using time series data is shown to produce a weighted average derivative of heterogeneous potential demand functions. This result adapts recent work on the causal interpretation of two-stage least squares estimates to the simultaneous...