sWald {ivmte}

IV-like weighting function, Wald specification

Description

IV-like weighting function for OLS specification 2.

Usage

sWald(z, p.to, p.from, e.to, e.from)

Arguments

z

vector, the value of the instrument.

p.to

P[Z = z'], where z' is value of the instrument the agent is switching to.

p.from

P[Z = z], where z is the value of the instrument the agent is switching from.

e.to

E[D | Z = z'], where z' is the value of the instrument the agent is switching to.

e.from

E[D | Z = z], where z is the value of the instrument the agent is switching from.

Value

scalar.