期刊
REVIEW OF ECONOMIC STUDIES
卷 71, 期 3, 页码 655-679出版社
OXFORD UNIV PRESS
DOI: 10.1111/j.1467-937X.2004.00299.x
关键词
-
类别
资金
- Economic and Social Research Council [M544285003] Funding Source: researchfish
This paper develops and implements semiparametric methods for estimating binary response (binary choice) models with continuous endogenous regressors. It extends existing results on semiparametric estimation in single-index binary response models to the case of endogenous regressors. It develops a control function approach to account for endogeneity in triangular and fully simultaneous binary response models. The proposed estimation method is applied to estimate the income effect in a labour market participation problem using a large micro data-set from the British Family Expenditure Survey. The semiparametric estimator is found to perform well, detecting a significant attenuation bias. The proposed estimator is contrasted to the corresponding probit and linear probability specifications.
作者
我是这篇论文的作者
点击您的名字以认领此论文并将其添加到您的个人资料中。
推荐
暂无数据