EconStor >
Institute for Fiscal Studies (IFS), London >
cemmap working papers, Centre for Microdata Methods and Practice, Institute for Fiscal Studies (IFS) >

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10419/64651
  
Title:IV models of ordered choice PDF Logo
Authors:Chesher, Andrew
Smolinski, Konrad
Issue Date:2009
Series/Report no.:cemmap working paper CWP37/09
Abstract:This paper studies single equation instrumental variable models of ordered choice in which explanatory variables may be endogenous. The models are weakly restrictive, leaving unspecified the mechanism that generates endogenous variables. These incomplete models are set, not point, identifying for parametrically (e.g. ordered probit) or nonparametrically specified structural functions. The paper gives results on the properties of the identified set for the case in which potentially endogenous explanatory variables are discrete. The results are used as the basis for calculations showing the rate of shrinkage of identified sets as the number of classes in which the outcome is categorised increases.
Subjects:Endogeneity
Incomplete models
Instrumental variables
Ordered choice
Ordered Probit
Set Identification
Threshold Crossing Models
JEL:C10
C14
C50
C51
Persistent Identifier of the first edition:doi:10.1920/wp.cem.2009.3709
Document Type:Working Paper
Appears in Collections:cemmap working papers, Centre for Microdata Methods and Practice, Institute for Fiscal Studies (IFS)

Files in This Item:
File Description SizeFormat
615007392.pdf417.81 kBAdobe PDF
No. of Downloads: Counter Stats
Download bibliographical data as: BibTeX
Share on:http://hdl.handle.net/10419/64651

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.