A Note on the Correlated Random Coefficient Model
Research output: Working paper
Documents
- 2006-10
Final published version, 162 KB, PDF document
In this note we derive the bias of the OLS estimator for a correlated random coefficient model with one random coefficient, but which is correlated with a binary variable. We provide set-identification to the parameters of interest of the model. We also show how to reduce the bias of the estimator
Original language | English |
---|---|
Place of Publication | Cph. |
Publisher | Department of Economics, University of Copenhagen |
Number of pages | 9 |
Publication status | Published - 2006 |
- Faculty of Social Sciences - bias, correlated random coefficient model, discrete choice
Research areas
Number of downloads are based on statistics from Google Scholar and www.ku.dk
No data available
ID: 313019