A simple procedure to estimate k structural parameters on conditionally endogenous variables with one conditionally mean independent instrument in linear models

Süß, Philipp (2015): A simple procedure to estimate k structural parameters on conditionally endogenous variables with one conditionally mean independent instrument in linear models.

Abstract

The following note proposes a simple procedure to estimate k parameters of interest in a linear model with potentially k conditionally endogenous variables of interest and m endogenous control variables in the presence of at least one instrumental variable under the assumption of conditional mean independence.

• Item Type: MPRA Paper
• Language: English
• Keywords: Instrumental variables; Conditional independence assumption; Underidentified model
• Subjects: C - Mathematical and Quantitative Methods > C2 - Single Equation Models ; Single Variables > C26 - Instrumental Variables (IV) Estimation

References

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