Showing 1 - 10 of 21,881
Persistent link: https://www.econbiz.de/10011974561
endogenous covariates. We also provide a test for exogeneity which indicates whether endogeneity is in fact a matter or not. In … contrast to other methods proposed in the literature which deal with sample selection and endogeneity, our approach is … study and an empirical example are presented which indicate that not accounting for endogeneity in sample selection models …
Persistent link: https://www.econbiz.de/10010294435
This paper studies measuring various average effects of X on Y in general structural systems with unobserved confounders U, a potential instrument Z, and a proxy W for U. We do not require X or Z to be exogenous given the covariates or W to be a perfect one-to-one mapping of U. We study the...
Persistent link: https://www.econbiz.de/10012215406
This paper studies measuring various average effects of X on Y in general structural systems with unobserved confounders U, a potential instrument Z, and a proxy W for U. We do not require X or Z to be exogenous given the covariates or W to be a perfect one‐to‐one mapping of U. We study the...
Persistent link: https://www.econbiz.de/10012202882
conditional distribution of the export intensity, after controlling for censoring and potential endogeneity of the innovation …
Persistent link: https://www.econbiz.de/10010885022
endogenous covariates. We also provide a test for exogeneity which indicates whether endogeneity is in fact a matter or not. In … contrast to other methods proposed in the literature which deal with sample selection and endogeneity, our approach is … study and an empirical example are presented which indicate that not accounting for endogeneity in sample selection models …
Persistent link: https://www.econbiz.de/10009365595
We analyze a class of linear regression models including interactions of endogenous regressors and exogenous covariates. We show that, under typical conditions regarding higher-order dependencies between endogenous and exogenous regressors, the OLS estimator of the coefficient of the interaction...
Persistent link: https://www.econbiz.de/10010841121
This paper studies measuring the average effects of X on Y in a structural system with random coefficients and confounding. We do not require (conditionally) exogenous regressors or instruments. Using proxies W for the confounders U, we ask how do the average direct effects of U on Y compare in...
Persistent link: https://www.econbiz.de/10010595747
Structural economic models allow one to analyze counterfactuals when economic systems change and to evaluate the well-being of economic agents. A key element in such analysis is the ability to identify the primitive functions and distributions of the economic models that are employed to describe...
Persistent link: https://www.econbiz.de/10010822971
approximate sparsity of the spatial weights matrix. The proposed estimation methodology exploits the Lasso estimator and mimics … two-stage least squares (2SLS) to account for endogeneity of the spatial lag. The developed two-step estimator is of more … variables is larger than the number of observations. We derive convergence rates for the two-step Lasso estimator. Our Monte …
Persistent link: https://www.econbiz.de/10011196471