Sample selection bias as a specification error

Sample selection bias as a specification error This paper discusses the bias that results from using non-randomly selected samples to estimate behavioral relationships as an ordinary specification error or «omitted variables» bias. A simple consistent two stage estimator is considered that enables analysts to utilize simple regression methods to estimate behavioral functions by least squares methods. The asymptotic distribution of the estimator is derived.

MoreLess

Year of publication:	2013
Authors:	Heckman, James J.
Published in:	Applied Econometrics. - Publishing House "SINERGIA PRESS". - Vol. 31.2013, 3, p. 129-137
Publisher:	Publishing House "SINERGIA PRESS"
Subject:	sample selection bias \| specification error

More details

Extent:	application/pdf
Type of publication:	Article
Classification:	C01 - Econometrics ; C13 - Estimation ; C24 - Truncated and Censored Models
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010992075