Control functions in nonseparable simultaneous equations models
Matzkin, Rosa L.
- Publisher: Hoboken, NJ: Wiley
Social Sciences, Economics, Business & Economics, Nonseparable models, simultaneous equations, control functions, INSTRUMENTAL VARIABLE ESTIMATION, UNOBSERVED HETEROGENEITY, NONPARAMETRIC-ESTIMATION, CHOICE MODELS, IDENTIFICATION | control functions | simultaneous equations | Nonseparable models
The control function approach (Heckman and Robb (1985)) in a system of linear simultaneous equations provides a convenient procedure to estimate one of the functions in the system using reduced form residuals from the other functions as additional regressors. The condit...