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dc.contributor.author Bayer, P
dc.contributor.author Timmins, C
dc.date.accessioned 2010-03-09T15:41:37Z
dc.date.issued 2007-03-01
dc.identifier.citation Economic Journal, 2007, 117 (518), pp. 353 - 374
dc.identifier.issn 0013-0133
dc.identifier.uri http://hdl.handle.net/10161/2026
dc.description.abstract While there is growing interest in measuring the size and scope of local spillovers, it is well understood that such spillovers cannot be distinguished from unobservable local attributes using solely the observed location decisions of individuals or firms. We propose an empirical strategy for recovering estimates of spillovers in the presence of unobserved local attributes for a broadly applicable class of equilibrium sorting models. Our approach relies on an IV strategy derived from the internal logic of the sorting model itself. We show practically how the strategy is implemented, provide intuition for our instruments, discuss the role of effective choice-set variation in identifying the model, and carry-out a series of Monte Carlo simulations to demonstrate performance in small samples. © 2007 The Author(s). Journal compilation Royal Economic Society 2007.
dc.format.extent 353 - 374
dc.format.mimetype application/pdf
dc.language.iso en_US
dc.relation.ispartof Economic Journal
dc.relation.isversionof 10.1111/j.1468-0297.2007.02021.x
dc.title Estimating equilibrium models of sorting across locations
dc.type Journal Article
dc.department Economics
pubs.issue 518
pubs.organisational-group /Duke
pubs.organisational-group /Duke/Institutes and Provost's Academic Units
pubs.organisational-group /Duke/Institutes and Provost's Academic Units/Initiatives
pubs.organisational-group /Duke/Institutes and Provost's Academic Units/Initiatives/Energy Initiative
pubs.organisational-group /Duke/Nicholas School of the Environment
pubs.organisational-group /Duke/Nicholas School of the Environment/Environmental Sciences and Policy
pubs.organisational-group /Duke/Sanford School of Public Policy
pubs.organisational-group /Duke/Sanford School of Public Policy/Duke Population Research Institute
pubs.organisational-group /Duke/Sanford School of Public Policy/Duke Population Research Institute/Duke Population Research Center
pubs.organisational-group /Duke/Trinity College of Arts & Sciences
pubs.organisational-group /Duke/Trinity College of Arts & Sciences/Economics
pubs.publication-status Published
pubs.volume 117
dc.identifier.eissn 1468-0297

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