Nonparametric Two-Stage Estimation of Simultaneous Equations with Limited Endogenous Regressors

B-Tier
Journal: Econometric Theory
Year: 1996
Volume: 12
Issue: 2
Pages: 305-330

Score contribution per author:

2.011 = (α=2.01 / 1 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

Estimation of simultaneous equations with limited (or transformed) endogenous regressors has been difficult in the parametric literature for various reasons. In this paper, we propose a nonparametric two-stage method that is analogous to two-stage least-squares estimation. A simultaneous censored model is used to illustrate our approach, and then its generalization to other cases is developed. The technical highlight is in handling a nondifferentiable second-stage minimand with an infinite-dimensional first-stage nuisance parameter when the first-stage error is not orthogonal to the second.

Technical Details

RePEc Handle
repec:cup:etheor:v:12:y:1996:i:02:p:305-330_00
Journal Field
Econometrics
Author Count
1
Added to Database
2026-01-25