Control Function Methods in Applied Econometrics

This paper provides an overview of control function (CF) methods for solving the problem of endogenous explanatory variables (EEVs) in linear and nonlinear models. CF methods often can be justified in situations where "plug-in" approaches are known to produce inconsistent estimators of par...

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Bibliographic details
Volume:	50
Main Author:	Jeffrey M. Wooldridge
Format:	Journal Article
Language:	English
Zielgruppe:	Academic
Place of publication:	MADISON University of Wisconsin Press 01.04.2015 UNIV WISCONSIN PRESS
published in:	The Journal of human resources Vol. 50; no. 2; pp. 420 - 445
Data of publication:	20150401
ISSN:	0022-166X 1548-8004
EISSN:	1548-8004
Discipline:	Economics Business
Subjects:	Symposium on Empirical Methods Methodology Econometrics Econometric models Economics Business & Economics Social Sciences Industrial Relations & Labor Research RETURN TESTS RANDOM COEFFICIENT MODEL ENDOGENEITY ESTIMATORS BIAS VARIABLES IDENTIFICATION SELECTION NONSEPARABLE MODELS
Online Access:	Fulltext
Database:	Social Sciences Citation Index Web of Science - Social Sciences Citation Index - 2015 Web of Knowledge Web of Science CrossRef Academic OneFile (A&I only) Database information Databases - DBIS