Endogeneity bias modeling using observables

Antonio Galvao, Gabriel Montes-Rojas () and Suyong Song

Economics Letters, 2017, vol. 152, issue C, 41-45

Abstract: This paper proposes an alternative solution to the endogeneity problem by explicitly modeling the joint interaction of the endogenous variables and the unobserved causes of the dependent variable as a function of additional observables. We derive identification of the parameters, develop an estimator, and establish its consistency and asymptotic normality.

Keywords: Endogeneity; Instrumental variables; Proxy variables (search for similar items in EconPapers)
JEL-codes: C10 C26 (search for similar items in EconPapers)
Date: 2017
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:152:y:2017:i:c:p:41-45

DOI: 10.1016/j.econlet.2016.12.021

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