On the equivalence of instrumental variables estimators for linear models

Autores
Galvao, Antonio; Montes Rojas, Gabriel Victorio
Año de publicación
2015
Idioma
inglés
Tipo de recurso
artículo
Estado
versión publicada
Descripción
This note shows the equivalence of different instrumental variables estimators to solve the endogeneity problem in linear models when valid instruments are available. We demonstrate that the exclusion restriction estimator proposed by Chernozhukov and Hansen (2006) is equivalent to the two-stage least squares and the control function estimators for linear models.
Fil: Galvao, Antonio. University of Iowa; Estados Unidos
Fil: Montes Rojas, Gabriel Victorio. Universidad de San Andrés; Argentina. Consejo Nacional de Investigaciones Científicas y Técnicas; Argentina
Materia
Instrumental Variables
Control Function
Endogeneity
Nivel de accesibilidad
acceso abierto
Condiciones de uso
https://creativecommons.org/licenses/by-nc-sa/2.5/ar/
Repositorio
CONICET Digital (CONICET)
Institución
Consejo Nacional de Investigaciones Científicas y Técnicas
OAI Identificador
oai:ri.conicet.gov.ar:11336/41860

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network_name_str CONICET Digital (CONICET)
spelling On the equivalence of instrumental variables estimators for linear modelsGalvao, AntonioMontes Rojas, Gabriel VictorioInstrumental VariablesControl FunctionEndogeneityhttps://purl.org/becyt/ford/5.2https://purl.org/becyt/ford/5This note shows the equivalence of different instrumental variables estimators to solve the endogeneity problem in linear models when valid instruments are available. We demonstrate that the exclusion restriction estimator proposed by Chernozhukov and Hansen (2006) is equivalent to the two-stage least squares and the control function estimators for linear models.Fil: Galvao, Antonio. University of Iowa; Estados UnidosFil: Montes Rojas, Gabriel Victorio. Universidad de San Andrés; Argentina. Consejo Nacional de Investigaciones Científicas y Técnicas; ArgentinaElsevier2015-09info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionhttp://purl.org/coar/resource_type/c_6501info:ar-repo/semantics/articuloapplication/pdfapplication/pdfapplication/pdfhttp://hdl.handle.net/11336/41860Galvao, Antonio; Montes Rojas, Gabriel Victorio; On the equivalence of instrumental variables estimators for linear models; Elsevier; Economics Letters; 134; 9-2015; 13-150165-1765CONICET DigitalCONICETenginfo:eu-repo/semantics/altIdentifier/url/https://www.sciencedirect.com/science/article/pii/S0165176515002414info:eu-repo/semantics/altIdentifier/doi/10.1016/j.econlet.2015.06.001info:eu-repo/semantics/openAccesshttps://creativecommons.org/licenses/by-nc-sa/2.5/ar/reponame:CONICET Digital (CONICET)instname:Consejo Nacional de Investigaciones Científicas y Técnicas2025-09-29T09:55:33Zoai:ri.conicet.gov.ar:11336/41860instacron:CONICETInstitucionalhttp://ri.conicet.gov.ar/Organismo científico-tecnológicoNo correspondehttp://ri.conicet.gov.ar/oai/requestdasensio@conicet.gov.ar; lcarlino@conicet.gov.arArgentinaNo correspondeNo correspondeNo correspondeopendoar:34982025-09-29 09:55:33.535CONICET Digital (CONICET) - Consejo Nacional de Investigaciones Científicas y Técnicasfalse
dc.title.none.fl_str_mv On the equivalence of instrumental variables estimators for linear models
title On the equivalence of instrumental variables estimators for linear models
spellingShingle On the equivalence of instrumental variables estimators for linear models
Galvao, Antonio
Instrumental Variables
Control Function
Endogeneity
title_short On the equivalence of instrumental variables estimators for linear models
title_full On the equivalence of instrumental variables estimators for linear models
title_fullStr On the equivalence of instrumental variables estimators for linear models
title_full_unstemmed On the equivalence of instrumental variables estimators for linear models
title_sort On the equivalence of instrumental variables estimators for linear models
dc.creator.none.fl_str_mv Galvao, Antonio
Montes Rojas, Gabriel Victorio
author Galvao, Antonio
author_facet Galvao, Antonio
Montes Rojas, Gabriel Victorio
author_role author
author2 Montes Rojas, Gabriel Victorio
author2_role author
dc.subject.none.fl_str_mv Instrumental Variables
Control Function
Endogeneity
topic Instrumental Variables
Control Function
Endogeneity
purl_subject.fl_str_mv https://purl.org/becyt/ford/5.2
https://purl.org/becyt/ford/5
dc.description.none.fl_txt_mv This note shows the equivalence of different instrumental variables estimators to solve the endogeneity problem in linear models when valid instruments are available. We demonstrate that the exclusion restriction estimator proposed by Chernozhukov and Hansen (2006) is equivalent to the two-stage least squares and the control function estimators for linear models.
Fil: Galvao, Antonio. University of Iowa; Estados Unidos
Fil: Montes Rojas, Gabriel Victorio. Universidad de San Andrés; Argentina. Consejo Nacional de Investigaciones Científicas y Técnicas; Argentina
description This note shows the equivalence of different instrumental variables estimators to solve the endogeneity problem in linear models when valid instruments are available. We demonstrate that the exclusion restriction estimator proposed by Chernozhukov and Hansen (2006) is equivalent to the two-stage least squares and the control function estimators for linear models.
publishDate 2015
dc.date.none.fl_str_mv 2015-09
dc.type.none.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
http://purl.org/coar/resource_type/c_6501
info:ar-repo/semantics/articulo
format article
status_str publishedVersion
dc.identifier.none.fl_str_mv http://hdl.handle.net/11336/41860
Galvao, Antonio; Montes Rojas, Gabriel Victorio; On the equivalence of instrumental variables estimators for linear models; Elsevier; Economics Letters; 134; 9-2015; 13-15
0165-1765
CONICET Digital
CONICET
url http://hdl.handle.net/11336/41860
identifier_str_mv Galvao, Antonio; Montes Rojas, Gabriel Victorio; On the equivalence of instrumental variables estimators for linear models; Elsevier; Economics Letters; 134; 9-2015; 13-15
0165-1765
CONICET Digital
CONICET
dc.language.none.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv info:eu-repo/semantics/altIdentifier/url/https://www.sciencedirect.com/science/article/pii/S0165176515002414
info:eu-repo/semantics/altIdentifier/doi/10.1016/j.econlet.2015.06.001
dc.rights.none.fl_str_mv info:eu-repo/semantics/openAccess
https://creativecommons.org/licenses/by-nc-sa/2.5/ar/
eu_rights_str_mv openAccess
rights_invalid_str_mv https://creativecommons.org/licenses/by-nc-sa/2.5/ar/
dc.format.none.fl_str_mv application/pdf
application/pdf
application/pdf
dc.publisher.none.fl_str_mv Elsevier
publisher.none.fl_str_mv Elsevier
dc.source.none.fl_str_mv reponame:CONICET Digital (CONICET)
instname:Consejo Nacional de Investigaciones Científicas y Técnicas
reponame_str CONICET Digital (CONICET)
collection CONICET Digital (CONICET)
instname_str Consejo Nacional de Investigaciones Científicas y Técnicas
repository.name.fl_str_mv CONICET Digital (CONICET) - Consejo Nacional de Investigaciones Científicas y Técnicas
repository.mail.fl_str_mv dasensio@conicet.gov.ar; lcarlino@conicet.gov.ar
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score 13.070432