civ (Q5979116): Difference between revisions
From MaRDI portal
Changed an Item |
Changed an Item |
||
Property / MaRDI profile type | |||
Property / MaRDI profile type: MaRDI software profile / rank | |||
Normal rank |
Revision as of 14:12, 7 March 2024
Categorical Instrumental Variables
Language | Label | Description | Also known as |
---|---|---|---|
English | civ |
Categorical Instrumental Variables |
Statements
Implementation of the categorical instrumental variable (CIV) estimator proposed by Wiemann (2023) <arXiv:2311.17021>. CIV allows for optimal instrumental variable estimation in settings with relatively few observations per category. To obtain valid inference in these challenging settings, CIV leverages a regularization assumption that implies existence of a latent categorical variable with fixed finite support achieving the same first stage fit as the observed instrument.
0 references
8 December 2023
0 references