CORDIS Project
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This project aims to develop flexible econometric models that account for unobserved heterogeneity and endogeneity in economic data. It focuses on creating new inference tools for various applications, including consumer demand and program evaluation.
Unobserved heterogeneity and endogeneity are prevalent notions throughout econometrics.
Most of the literature focuses on scalar unobserved heterogeneity.
It implies strong restrictions on the heterogeneity of the behaviour of economic agents.
This is the case in a binary treatment effect model where scalar unobserved heterogeneity and additive separability of the index in the selection equation are equivalent to the restrictive monotonicity assumption.
Nonparametric random coefficients models a…
FONDATION JEAN JACQUES LAFFONT,TOULOUSE SCIENCES ECONOMIQUES
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