Semiparametric estimation of the intercept of a sample selection model
Semiparametric estimation of the intercept of a sample selection model
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DOI:
10.1111/1467-937x.00055
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发表时间:
1998-07-01
影响因子:
5.8
通讯作者:
Schafgans, MMA
中科院分区:
文献类型:
--
作者:
Andrews, DWK;Schafgans, MMA
This paper provides a consistent and asymptotically normal estimator for the intercept of a semiparametrically estimated sample selection model. The estimator uses a decreasingly small fraction of all observations as the sample size goes to infinity, as in Heckman (1990). In the semiparametrics literature, estimation of the intercept has typically been subsumed in the nonparametric sample selection bias correction term. The estimation of the intercept, however, is important from an economic perspective. For instance, it permits one to determine the "wage gap" between unionized and nonunionized workers, decompose the wage differential between different socioeconomic groups (e.g. male-female and black-white), and evaluate the net benefits of a social programme.