MEASUREMENT ERRORS AND CENSORED STRUCTURAL LATENT VARIABLES MODELS

B-Tier
Journal: Econometric Theory
Year: 2012
Volume: 28
Issue: 3
Pages: 696-703

Score contribution per author:

0.670 = (α=2.01 / 3 authors) × 1.0x B-tier

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

Abstract

We consider censored structural latent variables models where some exogenous variables are subject to additive measurement errors. We demonstrate that overidentification conditions can be exploited to provide natural instruments for the variables measured with errors, and we propose a two-stage estimation procedure. The first stage involves substituting available instruments in lieu of the variables that are measured with errors and estimating the resulting reduced form parameters using consistent censored regression methods. The second stage obtains structural form parameters using the conventional linear simultaneous equations model estimators.

Technical Details

RePEc Handle
repec:cup:etheor:v:28:y:2012:i:03:p:696-703_00
Journal Field
Econometrics
Author Count
3
Added to Database
2026-01-29