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dc.contributor.authorChesher, Andrewen_US
dc.date.accessioned2012-10-16T13:15:28Z-
dc.date.available2012-10-16T13:15:28Z-
dc.date.issued2009en_US
dc.identifier.pidoi:10.1920/wp.cem.2009.2309en_US
dc.identifier.urihttp://hdl.handle.net/10419/64759-
dc.description.abstractThis paper studies single equation models for binary outcomes incorporating instrumental variable restrictions. The models are incomplete in the sense that they place no restriction on the way in which values of endogenous variables are generated. The models are set, not point, identifying. The paper explores the nature of set identification in single equation IV models in which the binary outcome is determined by a threshold crossing condition. There is special attention to models which require the threshold crossing function to be a monotone function of a linear index involving observable endogenous and exogenous explanatory variables. Identified sets can be large unless instrumental variables have substantial predictive power. A generic feature of the identified sets is that they are not connected when instruments are weak. The results suggest that the strong point identifying power of triangular control function models - restricted versions of the IV models considered here - is fragile, the wide expanses of the IV model's identified set awaiting in the event of failure of the triangular model's restrictions.en_US
dc.language.isoengen_US
dc.publisherCentre for Microdata Methods and Practice Londonen_US
dc.relation.ispartofseriescemmap working paper CWP23/09en_US
dc.subject.jelC10en_US
dc.subject.jelC14en_US
dc.subject.jelC50en_US
dc.subject.jelC51en_US
dc.subject.ddc330en_US
dc.subject.keywordBinary Responseen_US
dc.subject.keywordControl functionsen_US
dc.subject.keywordEndogeneityen_US
dc.subject.keywordIncomplete modelsen_US
dc.subject.keywordIndex Restrictionsen_US
dc.subject.keywordInstrumental variablesen_US
dc.subject.keywordProbit Modelen_US
dc.subject.keywordSet Identificationen_US
dc.subject.keywordThreshold Crossing Modelsen_US
dc.subject.keywordTriangular Modelsen_US
dc.subject.stwMathematiken_US
dc.titleSingle equation endogenous binary response modelsen_US
dc.typeWorking Paperen_US
dc.identifier.ppn607538708en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:cemmap working papers, Centre for Microdata Methods and Practice, Institute for Fiscal Studies (IFS)

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