Showing 1 - 10 of 48
complicated by the non-observability of the outcome of interest due to attrition, sample selection, or survey non-response. To … tackle the latter problem, the latent ignorability (LI) assumption imposes that attrition/sample selection is independent of … the outcome conditional on the treatment compliance type (i.e., how the treatment behaves as a function of the instrument …
Persistent link: https://www.econbiz.de/10012697819
endogeneity and attrition/non-response bias, using two instrumental variables. Making use of a discrete instrument for the … treatment and a continuous instrument for non-response/attrition, we identify the average treatment effect on compliers as well … training) and attrition are instrumented by randomized cash incentives paid out conditional on gym visits and by a cash lottery …
Persistent link: https://www.econbiz.de/10011401691
endogeneity and attrition/non-response bias, using two instrumental variables. Making use of a discrete instrument for the … treatment and a continuous instrument for non-response/attrition, we identify the average treatment effect on compliers as well … training) and attrition are instrumented by randomized cash incentives paid out conditional on gym visits and by a cash lottery …
Persistent link: https://www.econbiz.de/10011348296
Persistent link: https://www.econbiz.de/10011409080
This paper proposes tests for instrument validity in sample selection models with non-randomly censored outcomes. Such … models commonly invoke an exclusion restriction (i.e., the availability of an instrument affecting selection, but not the … of the instrument value. As the point must lie within its bounds, this yields two testable inequality constraints. We …
Persistent link: https://www.econbiz.de/10009399760
use unexpected early retirement window offers to instrument for retirement behavior. They are legally required to be …
Persistent link: https://www.econbiz.de/10010269069
This paper reviews recent developments in nonparametric identi.cation of mea- surement error models and their applications in applied microeconomics, in particular, in empirical industrial organization and labor economics. Measurement error models describe mappings from a latent distribution to...
Persistent link: https://www.econbiz.de/10011445721
candidate country. Using the identified shocks in an instrumental variable local projection setting yields a strong instrument …
Persistent link: https://www.econbiz.de/10013162757
political uncertainty and forward-looking investors, we derive an external instrument for bond demand shocks from a novel news …
Persistent link: https://www.econbiz.de/10014466966
This paper compares macroeconomic effects of Knightian uncertainty and risk using policy shocks for the case of Italy. Drawing on the ambiguity literature, I use changes in the bid-ask spread and mid-price of government bonds as distinct measures for uncertainty and risk. The identification...
Persistent link: https://www.econbiz.de/10014466973