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Persistent link: https://www.econbiz.de/10005052795
Conventional chi(superscript "2") approximations to the distribution of the information matrix test are shown to be inaccurate in models and with sample sizes commonly encountered. Interpreting a version of the information matrix test as an efficient score test leads to an alternative Edgeworth...
Persistent link: https://www.econbiz.de/10005129992
The authors formulate a simultaneous-equation model to explain the wages, output, education, and quit propensities of a sample of production workers. Their principal finding is that individuals that choose more education than they would expect from their observed characteristics have lower than...
Persistent link: https://www.econbiz.de/10005161412