Showing 1 - 10 of 65
This paper (i) formalizes conditions under which a population distribution of categorical responses to attitudinal questions (ѩtemsҩ has a scale representation; (ii) develops tests for whether a particular sample of item responses is consistent with a scale representation; (iii) develops...
Persistent link: https://www.econbiz.de/10010318474
We propose an alternative ('dual regression') to the quantile regression process for the global estimation of conditional distribution functions under minimal assumptions. Dual regression provides all the interpretational power of the quantile regression process while largely avoiding the need...
Persistent link: https://www.econbiz.de/10011445787
Persistent link: https://www.econbiz.de/10012235622
This paper employs conditional second moments to identify the impact of education in wage regressions where education is treated as endogenous. This approach avoids the use of instrumental variables in a setting where instruments are frequently not available. We employ this methodology to...
Persistent link: https://www.econbiz.de/10010267901
This paper provides a control function estimator to adjust for endogeneity in the triangular simultaneous equations model where there are no available exclusion restrictions to generate suitable instruments. Our approach is to exploit the dependence of the errors on exogenous variables (e.g....
Persistent link: https://www.econbiz.de/10010267945
This paper investigates the degree of intergenerational transmission of education for individuals from the National Longitudinal Survey of Youth 1979. Rather than identifying the causal effect of parental education via instrumental variables we exploit the feature of the transmission mechanism...
Persistent link: https://www.econbiz.de/10010269060
This paper formulates a likelihood-based estimator for a double index, semiparametric binary response equation. A novel feature of this estimator is that it is based on density estimation under local smoothing. While the proofs differ from those based on alternative density estimators, the...
Persistent link: https://www.econbiz.de/10010269234
An innovation which bypasses the need for instruments when estimating endogenous treatment effects is identification via conditional second moments. The most general of these approaches is Klein and Vella (2010) which models the conditional variances semiparametrically. While this is attractive,...
Persistent link: https://www.econbiz.de/10010269795
We use panel data from the US Health and Retirement Study 1992-2002 to estimate the effect of self-assessed health limitations on active labor market participation of men around retirement age. Self-assessments of health and functioning typically introduce an endogeneity bias when studying the...
Persistent link: https://www.econbiz.de/10010277013
We conduct an experiment to (i) measure the structure of preferences over lotteries and (ii) test for stability of the probability transformation functions over different choice sets. The design is based on manipulations of the 'probability triangle' A disaggregated nonparametric analysis in...
Persistent link: https://www.econbiz.de/10010334370