Artículos de revistas
Bayesian endogeneity bias modeling
Date
2013-11Registration in:
Montes Rojas, Gabriel Victorio; Galvao, Antonio F.; Bayesian endogeneity bias modeling; Elsevier; Economics Letters; 122; 1; 11-2013; 36-39
0165-1765
CONICET Digital
CONICET
Author
Montes Rojas, Gabriel Victorio
Galvao, Antonio F.
Abstract
We propose to model endogeneity bias using prior distributions of moment conditions. The estimator can be obtained both as a method-of-moments estimator and in a Ridge penalized regression framework. We show the estimator's relation to a Bayesian estimator.