Showing 1 - 10 of 2,014
This paper proposes a parametric approach to estimating a dynamic binary response panel data model that allows for endogenous contemporaneous regressors. Such a model is of particular value for settings in which one wants to estimate the effects of an endogenous treatment on a binary outcome. In...
Persistent link: https://www.econbiz.de/10013089968
A common approach to dealing with missing data is to estimate the model on the common subset of data, by necessity throwing away potentially useful data. We derive a new probit type estimator for models with missing covariate data where the dependent variable is binary. For the benchmark case of...
Persistent link: https://www.econbiz.de/10012764225
This paper develops a simulation estimation algorithm that is particularly useful for estimating dynamic panel data …
Persistent link: https://www.econbiz.de/10012764470
One of the most robust findings in health economics is that higher-educated individuals tend to be in better health …. This paper tests whether health disparities across education are to some extent due to differences in reporting error … across education. We test this hypothesis using data from the pooled National Health and Nutrition Examination Survey (NHANES …
Persistent link: https://www.econbiz.de/10013016353
This paper provides an expression for the bias of the OLS estimator of the schooling coefficient in a simple static … coefficient is biased upward, and the bias is increasing with potential labor-market experience and the degree of earnings … persistence. In addition, NLSY data are used to show that the magnitude of the persistence bias is non-negligible, and the bias …
Persistent link: https://www.econbiz.de/10013087398
We characterize the bias of propensity score based estimators of common average treatment effect parameters in the case …
Persistent link: https://www.econbiz.de/10013325041
Using a matched firm-worker dataset, we show both theoretically and empirically that positive assortative matching between firms and workers leads to an underestimation of the absolute value of wage elasticity of labor demand
Persistent link: https://www.econbiz.de/10012775693
This paper introduces bias-corrected estimators for nonlinear panel data models with both time invariant and time …/selection bias. We then estimate the primary equation by fixed effects including an appropriately constructed control function from … both steps might employ nonlinear fixed effects procedures it is necessary to bias adjust the estimates due to the …
Persistent link: https://www.econbiz.de/10013317161
We develop a parametrization of the multinomial probit model that yields greater insight into the underlying decision-making process, by decomposing the error terms of the utilities into latent factors and noise. The latent factors are identified without a measurement system, and they can be...
Persistent link: https://www.econbiz.de/10012946584
This paper presents a convenient shortcut method for implementing the Heckman estimator of the dynamic random effects probit model using standard software. It then compares the three estimators proposed by Heckman, Orme and Wooldridge based on three alternative approximations, first in an...
Persistent link: https://www.econbiz.de/10012775847