Showing 1 - 10 of 15,924
Persistent link: https://www.econbiz.de/10002860669
Making use of restrictions imposed by equilibrium, theoretical progress has been made on the nonparametric and semiparametric estimation and identification of scalar additive hedonic models (Ekeland, Heckman, and Nesheim, 2002) and scalar nonadditive hedonic models (Heckman, Matzkin, and...
Persistent link: https://www.econbiz.de/10011509388
Persistent link: https://www.econbiz.de/10001784172
Making use of restrictions imposed by equilibrium, theoretical progress has been made on the nonparametric and semiparametric estimation and identification of scalar additive hedonic models (Ekeland, Heckman, and Nesheim, 2002) and scalar nonadditive hedonic models (Heckman, Matzkin, and...
Persistent link: https://www.econbiz.de/10001784247
Persistent link: https://www.econbiz.de/10001786490
Persistent link: https://www.econbiz.de/10001835951
Persistent link: https://www.econbiz.de/10009685555
This article presents identification results for the marginal treatment effect (MTE) when there is sample selection. We show that the MTE is partially identified for individuals who are always observed regardless of treatment, and derive uniformly sharp bounds on this parameter under four...
Persistent link: https://www.econbiz.de/10012848558
We consider a new copula method for mixed marginals of discrete and continuous random variables. Unlike the Bayesian methods in the literature , we use maximum likelihood estimation based on closed-form copula functions. We show with a simulation that our methodology performs similar to the...
Persistent link: https://www.econbiz.de/10013030820
Empirical welfare analyses often impose stringent parametric assumptions on individuals' preferences and neglect unobserved preference heterogeneity. In this paper, we develop a framework to conduct individual and social welfare analysis for discrete choice that does not suffer from these...
Persistent link: https://www.econbiz.de/10012513281