Showing 1 - 10 of 657
In the spatial model of voting, voters choose the candidate closest to them in the ideological space. Recent work by (Degan and Merlo 2009) shows that it is falsifiable on the basis of individual voting data in multiple elections. We show how to tackle the fact that the model only partially...
Persistent link: https://www.econbiz.de/10009370941
We derive the empirical content of an instrumental variables model of sectoral choice with discrete outcomes. The partial identification results extend existing work on sharp bounds in binary choice threshold crossing models in allowing sector specific unobserved heterogeneity. Assumptions on...
Persistent link: https://www.econbiz.de/10014174053
We derive the empirical content of Nash equilibrium in 2x2 games of perfect information, including duopoly entry and coordination games. The derived bounds are nonparametric intersection bounds and are simple enough to lend themselves to existing inference methods. Implications of pure strategy...
Persistent link: https://www.econbiz.de/10013036718
We propose a methodology for constructing valid confidence regions in incomplete models with latent variables satisfying moment equality restrictions. These include moment equality and inequality models with latent variables. The confidence regions are obtained by inverting tests based on the...
Persistent link: https://www.econbiz.de/10013115166
We analyze the empirical content of the Roy model, stripped down to its essential features, namely sector specific unobserved heterogeneity and self-selection on the basis of potential outcomes. We characterize sharp bounds on the joint distribution of potential outcomes and testable...
Persistent link: https://www.econbiz.de/10012905657
Persistent link: https://www.econbiz.de/10011926284
In the spatial model of voting, voters choose the candidate closest to them in the ideological space. Recent work by Degan and Merlo (2009) shows that it is falsifiable on the basis of individual voting data in multiple elections. We show how to tackle the fact that the model only partially...
Persistent link: https://www.econbiz.de/10014189256
In the spatial model of voting, voters choose the candidate closest to them in the ideological space. Recent work by (Degan and Merlo 2009) shows that it is falsifiable on the basis of individual voting data in multiple elections. We show how to tackle the fact that the model only partially...
Persistent link: https://www.econbiz.de/10013121005
In this paper, we discuss the key conditions for the identification and estimation of the local average treatment effect (LATE, Imbens and Angrist, 1994): the valid instrument assumption (LI) and the monotonicity assumption (LM). We show that the joint assumptions of LI and LM have a testable...
Persistent link: https://www.econbiz.de/10011158358
This note discusses partial identication in a nonparametric triangular system with discrete endogenous regressors and nonseparable errors. Recently, [Jun, Pinkse and Xu (2011, JPX). Tighter Bounds in Triangular Systems. Journal of Econometrics 161(2), 122-128] provides bounds on the structural...
Persistent link: https://www.econbiz.de/10010897035