Showing 1 - 10 of 15
[Abstract]: Traditional technology adoption models identified ‘perceived ease of use’ and ‘perceived usefulness’ as the dominating factors for technology adoption. However, recent studies in healthcare have indicated that these two factors are not always reliable on their own and other...
Persistent link: https://www.econbiz.de/10009479929
Pretesting for exogeneity has become a routine in many empirical applications involving instrumental variables (IVs) to decide whether the ordinary least squares (OLS) or the IV-based method is appropriate. Guggenberger (2010) shows that the second-stage t-test – based on the outcome of a...
Persistent link: https://www.econbiz.de/10015214662
This note studies the asymptotic validity of bootstrapping the test of overidentifying restrictions under many/many weak instruments and heteroskedasticity. We show that the wild bootstrap consistently estimates the null limiting distributions of a jackknife overidentification statistic under...
Persistent link: https://www.econbiz.de/10015228296
Under a framework with a small number of clusters but large numbers of observations per cluster for instrumental variable (IV) regression, we show that an unstudentized wild bootstrap test based on IV estimators such as the two-stage least squares estimator is valid as long as the instruments...
Persistent link: https://www.econbiz.de/10015234927
In this note, for the case that the disturbances are conditional homoskedastic, we show that a properly re-scaled residual bootstrap procedure is able to consistently estimate the limiting distribution of a series estimator in the partially linear model even when the number of regressors is of...
Persistent link: https://www.econbiz.de/10015236014
Pretesting for exogeneity has become a routine in many empirical applications involving instrumental variables (IVs) to decide whether the ordinary least squares (OLS) or the two-stage least squares (2SLS) method is appropriate. Guggenberger (2010) shows that the second-stage t-test – based on...
Persistent link: https://www.econbiz.de/10015236021
Pretesting for exogeneity has become a routine in many empirical applications involving instrumental variables (IVs) to decide whether the ordinary least squares (OLS) or the two-stage least squares (2SLS) method is appropriate. Guggenberger (2010) shows that the second-stage t-test – based on...
Persistent link: https://www.econbiz.de/10015261285
Pretesting for exogeneity has become a routine in many empirical applications involving instrumental variables to decide whether the ordinary least squares or the two-stage least squares (2SLS) method is appropriate. Guggenberger (2010) shows that the second-stage t-test – based on the outcome...
Persistent link: https://www.econbiz.de/10015261295
Bootstrap procedures based on instrumental variable (IV) estimates or t-statistics are generally invalid when the instruments are weak. The bootstrap may even fail when applied to identification-robust test statistics. For subvector inference based on the Anderson-Rubin (AR) statistic, Wang and...
Persistent link: https://www.econbiz.de/10015266848
Pretesting for exogeneity has become a routine in many empirical applications involving instrumental variables (IVs) to decide whether the ordinary least squares (OLS) or the two-stage least squares (2SLS) method is appropriate. Guggenberger (2010) shows that the second-stage t-test– based on...
Persistent link: https://www.econbiz.de/10015266916