A Note on the Correlated Random Coefficient Model
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.
|Date of creation:||Aug 2006|
|Contact details of provider:|| Postal: Øster Farimagsgade 5, Building 26, DK-1353 Copenhagen K., Denmark|
Phone: (45) 35 32 30 74
Fax: +45 35 32 30 00
Web page: http://www.econ.ku.dk/CAM/
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Martin Browning & Valérie Lechene, 2003.
"Children and Demand: Direct and Non-Direct Effects,"
Review of Economics of the Household,
Springer, vol. 1(1), pages 9-31, January.
- Valerie Lechene & Martin Browning, 2002. "Children and Demand: Direct and Non-Direct Effects," Economics Series Working Papers 16, University of Oxford, Department of Economics.
When requesting a correction, please mention this item's handle: RePEc:kud:kuieca:2006_10. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Thomas Hoffmann)
If references are entirely missing, you can add them using this form.