Wiesenfarth, Manuel; Hisgen, Carlos Matías; Kneib, Thomas - In: Journal of Business & Economic Statistics 32 (2014) 3, pp. 468-482
We propose a Bayesian nonparametric instrumental variable approach under additive separability that allows us to correct for endogeneity bias in regression models where the covariate effects enter with unknown functional form. Bias correction relies on a simultaneous equations specification with...