YTS, Employment, and Sample Selection Bias
YTS, Employment, and Sample Selection Bias
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YTS、就业和样本选择偏差
DOI:
10.1093/oxfordjournals.oep.a042150
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发表时间:
1994
影响因子:
3.9
通讯作者:
Niall O’Higgins
中科院分区:
文献类型:
--
作者:
Niall O’Higgins
In this paper, data from the first Youth Cohort Study (YCS) are used to analyze the effectiveness of the Youth Training Scheme (YTS) in England and Wales in terms of its impact, at an individual level, on the employment prospects of young people. The analysis goes beyond previous work in that it explicitly deals with sample selection bias and heteroscedasticity. A switching bivariate probit model is estimated and is found to be preferred to both the univariate probit model and the bivariate probit model with a YTS participation dummy. The analysis suggests that previous studies of YTS may have underestimated both the size and variability of the effect that the scheme had on participants' chances of finding employment. Copyright 1994 by Royal Economic Society.