Von Hinke Kessler Scholder, Stephanie Marees Ljuba orcid.org/0000-0002-8272-076X, Leckie, George and Nicoletti, Cheti orcid.org/0000-0002-7237-2597 (2019) The use of instrumental variables in peer effects models. Oxford Bulletin of Economics and Statistics. ISSN 0305-9049
Abstract
Instrumental variables are often used to identify peer effects. This paper shows that instrumenting the \peer average outcome" with \peer average characteristics" requires the researcher to include the instrument at the individual level as an explanatory variable. We highlight the bias that occurs when failing to do this.
Metadata
Item Type: | Article |
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Authors/Creators: |
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Copyright, Publisher and Additional Information: | ©2019 The Authors. |
Keywords: | Instrumental variables,Peer effects,Bias |
Dates: |
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Institution: | The University of York |
Academic Units: | The University of York > Faculty of Social Sciences (York) > Economics and Related Studies (York) |
Depositing User: | Pure (York) |
Date Deposited: | 14 Jan 2019 15:50 |
Last Modified: | 02 Apr 2025 23:14 |
Published Version: | https://doi.org/10.1111/obes.12299 |
Status: | Published online |
Refereed: | Yes |
Identification Number: | 10.1111/obes.12299 |
Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:141018 |
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Filename: Hinke_et_al_2019_Oxford_Bulletin_of_Economics_and_Statistics.pdf
Description: The Use of Instrumental Variables in Peer EffectsModels
Licence: CC-BY 2.5