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具有无限维固定效应的半参数面板多项选择模型识别AI 解读

Abstract This paper proposes a robust method for semiparametric identification and estimation in panel multinomial choice models, where we allow for infinite-dimensional fixed effects that enter into consumer utilities in an additively nonseparable way, thus incorporating rich forms of unobserved heterogeneity. Our identification strategy exploits multivariate monotonicity in parametric indices, and uses the logical contraposition of an intertemporal inequality on choice…

部分平稳性下非线性动态面板模型的识别AI 解读

This paper provides a general identification approach for a wide range of nonlinear panel data models, including binary choice, ordered response, and other types of limited dependent variable models. Our approach accommodates dynamic models with any number of lagged dependent variables as well as other types of endogenous covariates. Our identification strategy relies on a partial stationarity condition, which allows for not only an unknown distribution of errors, but also…

利用单调性限制识别含部分潜在协变量的模型AI 解读

This paper develops a new method for identifying econometric models with partially latent covariates. Such data structures arise in industrial organization and labor economics settings where data are collected using an input-based sampling strategy, e.g., if the sampling unit is one of multiple labor input factors. We show that the latent covariates can be nonparametrically identified, if they are functions of a common shock satisfying some plausible monotonicity…

不可转移效用双边网络形成模型中的逻辑差分AI 解读

This paper considers a semiparametric model of dyadic network formation under nontransferable utilities (NTU). Such dyadic links arise frequently in real-world social interactions that require bilateral consent but by their nature induce additive non-separability. In our model we show how unobserved individual heterogeneity in the network formation model can be canceled out without requiring additive separability. The approach uses a new method we call logical differencing.…

连边形成指数模型的非参数识别AI 解读

We consider a dyadic link formation model with a homophily effect index and a degree heterogeneity index. We provide nonparametric identification results for the potentially nonparametric homophily effect function, the realizations of unobserved individual fixed effects and the unknown distribution of idiosyncratic shocks, up to normalization. We propose a novel form of scale normalization on an arbitrary interquantile range, which is not only theoretically general but also…

多工具变量下由约化式进行结构推断AI 解读

This paper develops exact finite sample and asymptotic distributions for structural equation tests based on partially restricted reduced form estimates. Particular attention is given to models with large numbers of instruments, wherein the use of partially restricted reduced form estimates is shown to be especially advantageous in statistical testing even in cases of uniformly weak instruments. Comparisons are made with methods based on unrestricted reduced forms, and…