Hb31 .m415 Dev\ Working Paper Department of Economics Two-step Series Estimation of Sample Selection Models
نویسنده
چکیده
Sample selection models are important for correcting for the effects of nonrandom sampling in microeconomic data. This note is about semiparametric estimation using a series approximation to the selection correction term. Regression spline and power series approximations are considered. Consistency and asymptotic normality are shown, as well as consistency of an asymptotic variance estimator. JEL Classification: C14, C24
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