Search Results - subject:"endogenous variable"

Instrumental Variable Estimation for Duration Data

Bijwaard, Govert E. - Tinbergen Institute - 2008

In this article we develop an Instrumental Variable estimation procedure that corrects for possible endogeneity of a variable in a duration model. We assume a Generalized Accelerated Failure Time (GAFT) model. This model is based on transforming the durations and assuming a distribution for...

Persistent link: https://www.econbiz.de/10005209508

Instrumental variable estimation for duration data

Bijwaard, Govert - 2008

Persistent link: https://www.econbiz.de/10011374410

Instrumental variable estimation for duration data

Bijwaard, G.E. - Erasmus University Rotterdam, Econometric Institute - 2007

In this article we focus on duration data with an endogenous variable for which an instrument is available. In duration … duration data with an endogenous variable for which an instrument is available. In duration analysis the covariates and/or the …-employment bonus experiment. JEL classification: C21, C41, J64. Key words: Endogenous Variable; Duration model; Censoring; Instrumental …

Persistent link: https://www.econbiz.de/10005450884

Instrumental variable estimation for duration data

Bijwaard, Govert - Faculteit der Economische Wetenschappen, Erasmus … - 2007

In this article we focus on duration data with an endogenous variable for which an instrument is available. In duration …

Persistent link: https://www.econbiz.de/10010731885

Nonparametric instrumental variables estimation of a quantile regression model

Horowitz, Joel; Lee, Sokbae - 2006

We consider nonparametric estimation of a regression function that is identified by requiring a specified quantile of the regression error conditional on an instrumental variable to be zero. The resulting estimating equation is a nonlinear integral equation of the first kind, which generates an...

Persistent link: https://www.econbiz.de/10010318575

Nonparametric instrumental variables estimation of a quantile regression model

Horowitz, Joel; Sokbae 'Simon' Lee - Centre for Microdata Methods and Practice (CEMMAP) - 2006

well in finite samples. JEL Codes: C13, C31 Key words: Statistical inverse, endogenous variable, instrumental …

Persistent link: https://www.econbiz.de/10005509561

Wage Differentials between Temporary and Permanent Workers in Italy

Picchio, Matteo - Dipartimento di Scienze Economiche e Sociali, Facoltà … - 2006

: the first one is an instrumental variables approach, the second one consists in the Heckman's (1978) dummy endogenous … variable model estimator. The second possible source of misspecification is the "classical" Heckman's (1979) sample selection …

Persistent link: https://www.econbiz.de/10004990595

Estimation of a heteroscedastic binary choice model with an endogenous dummy regressor

Zhang, Zhengyu; He, Xiaobo - In: Economics Letters 117 (2012) 3, pp. 753-757

control function approach does not apply when the endogenous variable is binary. We propose a multi-stage estimation procedure …

Persistent link: https://www.econbiz.de/10010594158

EL CONSEJO DE ADMINISTRACIÓN COMO MECANISMO DE CONTROL: EVIDENCIA PARA EL MERCADO ESPAÑOL

Mínguez, Antonio; Ugedo, Juan Francisco Martín - Instituto Valenciano de Investigaciones Económicas (IVIE) - 2003

This paper investigates the relationship between board of directors¿characteristics and firm value. We find a positive relationship between board ofdirectors¿ shareholdings and Tobin¿s Q. Endogenous treatment of these variables alsoreveals a positive relationship between Tobin¿s Q and board...

Persistent link: https://www.econbiz.de/10005515805

Heterogeneous Treatment Effects: Instrumental Variables without Monotonicity?

Klein, Tobias J. - Institute for the Study of Labor (IZA) - 2007

A fundamental identification problem in program evaluation arises when idiosyncratic gains from participation and the treatment decision depend on each other. Imbens and Angrist (1994) were the first to exploit a monotonicity condition in order to identify an average treatment effect parameter...

Persistent link: https://www.econbiz.de/10005822349