Showing 1 - 10 of 19
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
In parametric models a sufficient condition for local identification is that the vector of moment conditions is … imply local identification. It turns out these conditions are slightly stronger than needed and are hard to check, so we …
Persistent link: https://www.econbiz.de/10010288348
and apply these bounds in an example. We also consider identification from budget set variation. We find that kinks alone …
Persistent link: https://www.econbiz.de/10012013511
In parametric models a sufficient condition for local identification is that the vector of moment conditions is … the true value that are sufficient for local identification. We apply these results to obtain new, primitive … identification conditions in several important models, including nonseparable quantile instrumental variable (IV) models, single …
Persistent link: https://www.econbiz.de/10010318716
representing a different kind of treatment. We use control variables to give necessary and sufficient conditions for identification … (Imbens, 2000) are bounded away from zero with probability one, a simple identification condition is that their sum be bounded … away from one with probability one. These results generalize the classical identification result of Rosenbaum and Rubin …
Persistent link: https://www.econbiz.de/10012621122
representing a different kind of treatment. We use control variables to give necessary and sufficient conditions for identification … are mean independent from treatments given the controls, a simple identification condition is that the generalized …. These results generalize the classical identification result of Rosenbaum and Rubin (1983) for binary treatments. …
Persistent link: https://www.econbiz.de/10012667941
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
The taxable income elasticity is a key parameter for predicting the e?ect of tax reform or designing an income tax. Bunching at kinks and notches in a single budget set have been used to estimate the taxable income elasticity. We show that when the heterogeneity distribution is unrestricted the...
Persistent link: https://www.econbiz.de/10012146405
The taxable income elasticity is a key parameter for predicting the e?ect of tax reform or designing an income tax. Bunching at kinks and notches in a single budget set have been used to estimate the taxable income elasticity. We show that when the heterogeneity distribution is unrestricted the...
Persistent link: https://www.econbiz.de/10012111429
and apply these bounds in an example. We also consider identification from budget set variation. We find that kinks alone …
Persistent link: https://www.econbiz.de/10011807171