Author: Graham Bryan S. De Xavier Pinto Cristine Campos Egel Daniel
Publisher: Oxford University Press
ISSN: 0034-6527
Source: The Review of Economic Studies, Vol.79, Iss.3, 2012-07, pp. : 1053-1079
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Abstract
We propose a new inverse probability weighting (IPW) estimator for moment condition models with missing data. Our estimator is easy to implement and compares favourably with existing IPW estimators, including augmented IPW estimators, in terms of efficiency, robustness, and higher-order bias. We illustrate our method with a study of the relationship between early BlackWhite differences in cognitive achievement and subsequent differences in adult earnings. In our data set, the early childhood achievement measure, the main regressor of interest, is missing for many units.
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