Binary outcomes, OLS, 2SLS and IV probit
For a binary outcome Y, generated by a simple threshold crossing model with a single exogenous normally distributed explanatory variable X, the OLS estimator of the coefficient on X in a linear probability model is a consistent estimator of the average partial effect of X. Even in this very simple s...
| Main Authors: | , , , |
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| Format: | Journal article |
| Language: | English |
| Published: |
Taylor and Francis
2022
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