Aistov, Andrey; Larin, Alexander; Leonova, Lyudmila - In: Applied Econometrics 26 (2012) 2, pp. 17-36
In the paper relation between the unregistered employment and life satisfaction is investigated. Endogeneity of the employment status and income is described by the system of simultaneous equations with random individual effects. The system is estimated with maximum likelihood on the Russia...