Keane, M. P.; Sauer, R. M. - Centre for Household, Income, Labour and Demographic … - 2008
unobserved heterogeneity or state dependence, and (2) if fertility is exogenous to labor supply. Until recently, the consensus … was that unobserved heterogeneity is very important, and fertility is endogenous. But Hyslop (1999) challenged this. Using … that fertility is exogenous. Here, we extend Hyslop (1999) to allow classification error in employment status, using an …