Variables Instrumentales

Estimating Demand Systems with Unobserved Heterogeneity and Censoring: Evidence from Illicit Drug Markets in Colombia En proceso de revisión
The response of illicit drug consumers to policy changes like legalization is mediated by demand behavior. Since individual drug use is …
Nonlinear Panel Data Methods for Multivariate Fractional Outcomes
This paper expands the applied researcher’s toolkit for dealing with nonlinear panel data models with unobserved heterogeneity …
Welfare Gains of the Poor: An Endogenous Bayesian Approach with Spatial Random Effects
We introduce a Bayesian instrumental variable procedure with spatial random effects that handles endogeneity, and spatial dependence …