Showing 1 - 10 of 44
This paper reviews recent developments in nonparametric identi.cation of mea- surement error models and their applications in applied microeconomics, in particular, in empirical industrial organization and labor economics. Measurement error models describe mappings from a latent distribution to...
Persistent link: https://www.econbiz.de/10010469057
covariates and heteroskedasticity. Our results are obtained using high-dimensional approximations, where the number of covariates … are allowed to grow as fast as the sample size. We find that all of the usual versions of Eicker-White heteroskedasticity … heteroskedasticity consistent standard error formula that is fully automatic and robust to both (conditional) heteroskedasticity of …
Persistent link: https://www.econbiz.de/10011295589
inference methods that allow for many covariates and heteroskedasticity. Our results are obtained using high … versions of Eicker-White heteroskedasticity consistent standard error estimators for linear models are inconsistent under this … asymptotics. We then propose a new heteroskedasticity consistent standard error formula that is fully automatic and robust to both …
Persistent link: https://www.econbiz.de/10011586174
We consider a linear panel data model with nonseparable two-way unobserved heterogeneity corresponding to a linear version of the model studied in Bonhomme et al. (2022). We show that inference is possible in this setting using a straightforward two-step estimation procedure inspired by existing...
Persistent link: https://www.econbiz.de/10015168551
heterogeneity and the endogeneity of grade repetitions into account. We specify a multi-stage model of human-capital accumulation …
Persistent link: https://www.econbiz.de/10010336145
We study identification and estimation of the average treatment effect in a correlated random coefficients model that allows for first stage heterogeneity and binary instruments. The model also allows for multiple endogenous variables and interactions between endogenous variables and covariates....
Persistent link: https://www.econbiz.de/10010227690
This paper estimates a structural model of private provision of public goods to provide some new empirical evidence on individuals' strategic contributing behaviors. In the model, individuals' contributing behaviors are allowed to be heterogenous and time-varying. We show that all the main...
Persistent link: https://www.econbiz.de/10010501237
This article reviews recent advances in fixed effect estimation of panel data models for long panels, where the number of time periods is relatively large. We focus on semiparametric models with unobserved individual and time effects, where the distribution of the outcome variable conditional...
Persistent link: https://www.econbiz.de/10011758045
Recent developments in nonlinear panel data analysis allow identifying and estimating general dynamic systems. In this review we describe some results and techniques for nonparametric identification and flexible estimation in the presence of time-invariant and time-varying latent variables. This...
Persistent link: https://www.econbiz.de/10011553118
This article reviews recent advances in fixed effect estimation of panel data models for long panels, where the number of time periods is relatively large. We focus on semiparametric models with unobserved individual and time effects, where the distribution of the outcome variable conditional on...
Persistent link: https://www.econbiz.de/10011812268