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We propose a new statistical instrument-free method to tackle the endogeneity problem. The proposed method models the joint distribution of the endogenous regressor and the error term in the structural equation of interest (the structural error) using a copula method, and it makes inferences on...
Persistent link: https://www.econbiz.de/10013100594
We propose a new statistical instrument-free method to tackle the endogeneity problem. The proposed method models the joint distribution of the endogenous regressor and the error term in the structural equation of interest (the structural error) using a copula method, and makes inferences on the...
Persistent link: https://www.econbiz.de/10013108877
Persistent link: https://www.econbiz.de/10013190785