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easy to compute point estimator of a slope coefficient which can be interpreted as a local average treatment effect (LATE …). However, the 2SLS estimator does not measure the value of other useful treatment effect parameters without invoking untenable …
Persistent link: https://www.econbiz.de/10009718426
This paper develops characterizations of identified sets of structures and structural features for complete and incomplete models involving continuous and/or discrete variables. Multiple values of unobserved variables can be associated with particular combinations of observed variables. This can...
Persistent link: https://www.econbiz.de/10011343000
A breakdown frontier is the boundary between the set of assumptions which lead to a specific conclusion and those which do not. In a potential outcomes model with a binary treatment, we consider two conclusions: First, that ATE is at least a specific value (e.g., nonnegative) and second that the...
Persistent link: https://www.econbiz.de/10011645504
This paper studies models in which hypothesis tests have trivial power, that is, power smaller than size. This testing impossibility, or impossibility type A, arises when any alternative is not distinguishable from the null. We also study settings where it is impossible to have almost surely...
Persistent link: https://www.econbiz.de/10011958082
This paper demonstrates the use of bounds analysis for empirical models of market structure that allow for multiple equilibria. From an econometric standpoint, these models feature systems of equalities and inequalities for the determination of multiple endogenous interdependent discrete choice...
Persistent link: https://www.econbiz.de/10012225881
This paper presents a novel self-report approach to identify a general causal model with an unobserved covariate, which can be unobserved heterogeneity or an unobserved choice variable. It shows that a carefully designed noninvasive survey procedure can provide enough information to identify the...
Persistent link: https://www.econbiz.de/10012595615
penalized sieve minimum distance (SMD) estimator of the unknown functions that are identified via the conditional moment models … important applications: root-n asymptotic normality of the plug-in penalized SMD estimator of a weighted average derivative of a …
Persistent link: https://www.econbiz.de/10003739667
heterogeneity. We develop a consistent estimator using external information on the true distribution of prices. Examining the demand …
Persistent link: https://www.econbiz.de/10011935703
Monotonicity is a key qualitative prediction of a wide array of economic models derived via robust comparative statics. It is therefore important to design effective and practical econometric methods for testing this prediction in empirical analysis. This paper develops a general nonparametric...
Persistent link: https://www.econbiz.de/10009667989
econometrics. High dimensional sparse models arise in situations where many regressors (or series terms) are available and the …-dimensional econometrics ; instrumental regression ; partially linear regression ; returns-to-schooling ; growth regression …
Persistent link: https://www.econbiz.de/10009419335