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Rainfall and Weak Instruments

Name: Rainfall and Weak Instruments
Brand: VDM Verlag Dr. Mueller E.K.
SKU: 06814547
Price: 53.76 EUR
Availability: InStock
Author: Surach Tanboon
ISBN: 9783639050363

Validity and Refinement of Rainfall Variables as Instruments for Transitory Income

Surach Tanboon

Jezik

Angleščina

Knjiga Mehka

Koda Libristo: 06814547

Založba VDM Verlag Dr. Mueller E.K., november 2008

Income is a key regressor in many economic §applications, but it is almost always not exogenous. §Gi... Celoten opis

Koda Libristo: 06814547

130 b

53.76 €

Od založnika po naročilu Odposlali bomo v 17-27 dneh

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Drugi so kupili tudi

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Mehka

13.56 €

Income is a key regressor in many economic §applications, but it is almost always not exogenous. §Given that rainfall is externally provided by nature §and that it is also correlated with income in the §rural setting, rainfall shocks seem to be the §perfect instrument in two-stage least squares §estimation. This book examines the validity and §refinement of the use of rainfall variables as §instruments for transitory income in the context of §weak instruments.