Control functions in nonseparable simultaneous equations models

Article English OPEN
Blundell, Richard ; Matzkin, Rosa L. (2014)
  • Publisher: Hoboken, NJ: Wiley
  • Related identifiers: doi: 10.3982/QE281
  • Subject: 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
    • ddc: ddc:330

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... View more
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