Maintaining (Locus of) Control? Data Combination for the Identification and Inference of Factor Structure Models
控制点与数据合并:因子结构模型的识别和推断
Factor structure models are widely used in economics to extract latent variables, such as personality traits, and to measure their impact on outcomes of interest. The identification and inference of these models, however, highly depend on the availability of rich longitudinal data. To overcome the common problem of data scarcity, this paper proposes to combine datasets that each identify some part of the likelihood, thereby recovering the identification of the complete…