5 papers
Sequential Estimation of Dynamic Discrete Choice Models with Unobserved Heterogeneity
Ertian Chen, Hiroyuki Kasahara, Katsumi Shimotsu
Estimating dynamic discrete choice models with unobserved heterogeneity is computationally costly because it requires repeatedly solving fixed-point equations for all unobserved ty…
Representativeness and Efficiency in Overidentified IV
Chun Pang Chow, Hiroyuki Kasahara
Under heterogeneous treatment effects, the GMM weighting matrix in overidentified IV models dictates the estimand. We show that efficient GMM downeights high-variance instruments a…
Event-Study Designs for Discrete Outcomes under Transition Independence
Young Ahn, Hiroyuki Kasahara
We develop a new identification strategy for average treatment effects on the treated (ATT) in panel data with discrete outcomes. Standard difference-in-differences (DiD) relies on…
Gender-Specific Effects of Prenatal Famine Exposure on Educational Attainment: Accounting for Selective Mortality
Hiroyuki Kasahara, Weina Zhou
Selective mortality and fertility issues are persistent challenges in estimating the fetal origin effect, with attempts to address these issues being notably scarce. Evidence furth…
Identification and Estimation of Production Function and Consumer Demand Function under Monopolistic Competition from Revenue Data
Chun Pang Chow, Hiroyuki Kasahara, Yoichi Sugita
We establish nonparametric identification of production functions, total factor productivity (TFP), price markups, and firms' output prices and quantities, as well as consumer dema…