This paper proposes a simple and efficient estimation procedure for the model with non-ignorable missing data studied by Morikawa and Kim (2016).
10 January 2018
We study the behaviour of the Betfair betting market and the sterling/dollar exchange rate (futures price) during 24 June 2016, the night of the EU referendum.
10 January 2018
Extremal quantile regression, i.e. quantile regression applied to the tails of the conditional distribution, counts with an increasing number of economic and financial applications such as value-at-risk, production frontiers, determinants of low infant birth weights, and auction models.
30 December 2017
The R package Counterfactual implements the estimation and inference methods of Chernozhukov et al. (2013) for counterfactual analysis.
30 December 2017
High-dimensional linear models with endogenous variables play an increasingly important role in recent econometric literature.
21 December 2017
This paper introduces new inference methods for counterfactual and synthetic control methods for evaluating policy effects.
26 December 2017
We propose strategies to estimate and make inference on key features of heterogeneous effects in randomized experiments.
30 December 2017
This paper proposes a specification test of the mixed logit models, by generalizing Hausman and McFaddens (1984) test. We generalize the test even further by considering a model developed by Berry, Levinsohn and Pakes (1995).
12 December 2017
Using the Reinhart–Rogoff dataset, we find a debt threshold not around 90 per cent but around 30 per cent, above which the median real gross domestic product (GDP) growth falls abruptly.
11 December 2017
This paper proposes a powerful alternative to the t-test in linear regressions when a regressor is mismeasured.
11 December 2017
This paper develops and implements a nonparametric test of Random Utility Models. The motivating application is to test the null hypothesis that a sample of cross-sectional demand distributions was generated by a population of rational consumers.
11 December 2017
This paper examines the trends in geographic localization of knowledge spillovers via patent citations, considering US patents from the period of 1976-2015.
6 December 2017