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:
Online Access: Fulltext
Database: Social Sciences Citation Index
Web of Science - Social Sciences Citation Index - 2015
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