Chesher, Andrew;
Rosen, Adam;
Siddique, Zahra;
(2023)
Estimating Endogenous Effects on Ordinal Outcomes.
The Review of Economics and Statistics
(In press).
Preview |
Text
Chesher_ReSTAT accepted paper and supplement_.pdf Download (980kB) | Preview |
Abstract
We examine the use of instrumental variable (IV) methods to measure the effect of a ceteris paribus change in an endogenous variable on an ordered outcome. Specifically, we use these methods to investigate the effect of neighborhood characteristics on subjective well-being (SWB) among participants in the Moving to Opportunity (MTO) housing voucher experiment. We find that the estimated positive effect of a decrease in neighborhood poverty on SWB is sensitive to the specification of the first stage auxiliary equation for endogenous neighborhood poverty. Our results highlight the influential role of control function restrictions in complete triangular models.
| Type: | Article |
|---|---|
| Title: | Estimating Endogenous Effects on Ordinal Outcomes |
| Open access status: | An open access version is available from UCL Discovery |
| Publisher version: | https://direct.mit.edu/rest |
| Language: | English |
| Additional information: | This version is the author accepted manuscript. For information on re-use, please refer to the publisher's terms and conditions. |
| Keywords: | Instrumental Variables, Ordered Choice, Incomplete Models, Partial Identification, Neighborhood Effects, Subjective Well-Being, Moving to Opportunity |
| UCL classification: | UCL UCL > Provost and Vice Provost Offices > UCL SLASH UCL > Provost and Vice Provost Offices > UCL SLASH > Faculty of S&HS UCL > Provost and Vice Provost Offices > UCL SLASH > Faculty of S&HS > Dept of Economics |
| URI: | https://discovery.ucl.ac.uk/id/eprint/10172261 |
Archive Staff Only
 |
View Item |
