joblessness in their evolution is the simultaneity issue. We deploy a natural control function approach to the problem that …

utility model with endogenous regressors and heterogeneous parameters. We employ a control function IV assumption to establish …

utility model with endogenous regressors and heterogeneous parameters. We employ a control function IV assumption to establish …

We show, in a very plausible theoretical setting, that control function estimators (CFEs) of firm production function … introducing firm fixed effects to the control function. Applying our modified CFE to the data, we find that it does better than … allowing firm fixed effects in the control function enhances its ability to capture firm productivity, and hence improves …

end, we apply and extend the control function approach for estimating production functions, which allows us to correct for …