Search Results - subject:"Instrumental Variables."

Family background variables as instruments for education in income regressions : a Bayesian analysis

Hoogerheide, Lennart; Block, Jörn; Thurik, Adriaan R. - 2010 - Current version: July 2010

The validity of family background variables instrumenting education in income regressions has been much criticized. In this paper, we use data of the 2004 German Socio-Economic Panel and Bayesian analysis in order to analyze to what degree violations of the strong validity assumption affect the...

Persistent link: https://www.econbiz.de/10011381026

Randomization as an Instrumental Variable

Heckman, James J. - 1995

This paper discusses how randomized social experiments operate as an instrumental variable. For two types of randomization schemes, the fundamental experimental estimation equations are derived from the principle that experiments equate bias in control and experimental samples. Using...

Persistent link: https://www.econbiz.de/10012473632

Split Sample Instrumental Variables

Angrist, Joshua D. - 1995

Instrumental Variables (IV) estimates tend to be biased in the same direction as Ordinary Least Squares (OLS) in finite … Instrumental Variables (SSIV). SSIV works as follows: we randomly split the sample in half, and use one half of the sample to … Instrumental Variables (USSIV). We apply SSIV and USSIV to the data used by Angrist and Krueger (1991) to estimate the payoff to …

Persistent link: https://www.econbiz.de/10012473745

A Comparison of Alternative Instruments Variables Estimators of a Dynamic Linear Model

West, Kenneth D. - 1995

parameterizations of a commonly used instrumental variables estimator (Hansen (1982)) to one that is asymptotically optimal in a class …

Persistent link: https://www.econbiz.de/10012473844

Jackknife Instrumental Variables Estimation

Angrist, Joshua D. - 1995

instrumental variables procedures using an instrument that is independent of disturbances even in finite samples. Independence is …

Persistent link: https://www.econbiz.de/10012473892

Why should we care about child labor? : The education, labor market, and health consequences of child labor

Beegle, Kathleen; Dehejia, Rajeev H.; Gatti, Roberta - 2005

Persistent link: https://www.econbiz.de/10002648284

An IV model of quantile treatment effects

Chernozhukov, Victor; Hansen, Christian Bailey - In: Econometrica : journal of the Econometric Society, an … 73 (2005) 1, pp. 245-261

Persistent link: https://www.econbiz.de/10002568118

Cross-section regression with common shocks

Andrews, Donald W. K. - In: Econometrica : journal of the Econometric Society, an … 73 (2005) 5, pp. 1551-1585

Persistent link: https://www.econbiz.de/10003096740

Consistent estimation with a large number of weak instruments

Chao, John C.; Swanson, Norman R. - In: Econometrica : journal of the Econometric Society, an … 73 (2005) 5, pp. 1673-1692

Persistent link: https://www.econbiz.de/10003096796

Does conditional market skewness resolve the puzzling market risk-return relationship?

Guedhami, Omrane; Sy, Oumar - In: The quarterly review of economics and finance : journal … 45 (2005) 4/5, pp. 582-598

Persistent link: https://www.econbiz.de/10003099284