Zobrazeno 1 - 10
of 57
pro vyhledávání: '"Stefan Hoderlein"'
Publikováno v:
The Econometrics Journal. 26:279-306
Summary This paper studies nonparametric identification in market-level demand models for differentiated products with heterogeneous consumers. We consider a general class of models that allows for the individual-specific coefficients to vary continu
Publikováno v:
Journal of Econometrics.
The control function approach which employs an instrumental variable excluded from the outcome equation is a very common solution to deal with the problem of endogeneity in nonseparable models. Exclusion restrictions, however, are frequently controve
Publikováno v:
SSRN Electronic Journal.
In this paper, we propose a framework to estimate the distribution of marginal effects in a general class of structural models that allow for arbitrary smooth nonlinearities, high dimensional heterogeneity, and unrestricted correlation between the pe
Publikováno v:
Journal of Econometrics. 201:144-169
The triangular model is a very popular way to capture endogeneity. In this model, an outcome is determined by an endogenous regressor, which in turn is caused by an instrument in a first stage. In this paper, we study the triangular model with random
Autor:
Anne Vanhems, Stefan Hoderlein
Publikováno v:
Journal of Applied Econometrics. 33:52-72
This paper proposes a framework to model empirically welfare effects that are associated with a price change in a population of heterogeneous consumers which is similar to Hausman and Newey (1995), but allows for more general forms of heterogeneity.
Publikováno v:
Journal of Econometrics. 193:183-202
Monotonicity in a scalar unobservable is a common assumption when modeling heterogeneity in structural models. Among other things, it allows one to recover the underlying structural function from certain conditional quantiles of observables. Neverthe
Publikováno v:
Journal of Econometrics. 191:129-144
This paper is concerned with testing rationality restrictions using quantile regression methods. Specifically, we consider negative semidefiniteness of the Slutsky matrix, arguably the core restriction implied by utility maximization. We consider a h
This paper studies binary response static games of complete information allowing complex heterogeneity through a random coefficients specification. The main result of the paper establishes nonparametric point identification of the joint density of al
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::312251f3c32325e892aeab295cdf4614
https://resolver.caltech.edu/CaltechAUTHORS:20180529-102940724
https://resolver.caltech.edu/CaltechAUTHORS:20180529-102940724
Autor:
Stefan Hoderlein, Jörg Stoye
Publikováno v:
Economic Theory Bulletin. 3:313-328
This paper precisely delineates the empirical content of consumer rationality in the following setting: Data are from a repeated cross section; unobserved heterogeneity is completely unrestricted; however, there are only two goods. Simple closed-form
This paper studies nonparametric identi fication in market level demand models for differentiated products with heterogeneous consumers. We consider a general class of models that allows for the individual speci fic coefficients to vary continuously
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::902744946c11ac8a4afa7e1f6efcb816
https://doi.org/10.1920/wp.cem.2017.1117
https://doi.org/10.1920/wp.cem.2017.1117