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The Journal of Human Resources· 2015Q1· Review

Control Function Methods in Applied Econometrics

Jeffrey M. Wooldridge

Short summary

Control function (CF) methods offer a computationally simpler and less assumption-heavy alternative to plug-in approaches for addressing endogenous explanatory variables in econometric models.

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Field: General Economics, Econometrics and Finance

General Economics, Econometrics and FinanceEconomics, Econometrics and Finance