Showing 1 - 10 of 1,349
This paper addresses the estimation of a semiparametric sample selection index model where both the selection rule and the outcome variable are binary. Since the marginal effects are often of primary interest and are difficult to recover in a semiparametric setting, we develop estimators for...
Persistent link: https://www.econbiz.de/10010280691
identification lies at the root of these differences. To deal with this lack of identification, we propose an identification strategy … subjective choices due to a lack of identification. We apply our methodology to the pollution-income relationship of both CO2 …
Persistent link: https://www.econbiz.de/10010325143
This paper is concerned with extending the familiar notion of fixed effects to nonlinear setups with infinite dimensional unobservables like preferences. The main result is that a generalized version of differencing identifies local average structural derivatives (LASDs) in very general...
Persistent link: https://www.econbiz.de/10010288425
potentially mis-specified. In this paper, we focus on mis-specification in the dynamics and the dimension of the HMM. We consider …
Persistent link: https://www.econbiz.de/10010325238
the structure of the formula for identification. We compare this design-based approach with conventional estimation …
Persistent link: https://www.econbiz.de/10014480549
Identification based on higher moments has drawn increasing theoretical attention and been widely adopted in empirical …: identification strategies based on heteroskedasticity and strategkes based on non-Gaussianity more generally. I outline the seminal … identification results and discuss recent extensions, parametric and non-parametric implementations, and prominent empirical …
Persistent link: https://www.econbiz.de/10014480567
This paper considers nonparametric identification and estimation of the regression function when a covariate is … nonparametric identification under weak and easy-to-interpret conditions on the instrumental variable. The paper also provides …
Persistent link: https://www.econbiz.de/10014581847
Imagine we have two different samples and are interested in doing semi- or nonparametric regression analysis in each of them, possibly on the same econometric model. In this article we consider the problem of testing whether a specific covariate has different impacts on the regression curve in...
Persistent link: https://www.econbiz.de/10010306253
We discuss regression models for ordered responses, such as ratings of bonds, schooling attainment, or measures of subjective well-being. Commonly used models in this context are the ordered logit and ordered probit regression models. They are based on an underlying latent model with single...
Persistent link: https://www.econbiz.de/10010315577
We propose a numerical method, based on indirect inference, for checking the identification of a DSGE model. Monte …
Persistent link: https://www.econbiz.de/10010397720