Export für Ihre Literaturverwaltung

Übernahme per Copy & Paste
Bibtex-Export
Endnote-Export

       

Weiterempfehlen

Bookmark and Share


Asymptotic bias reduction for a conditional marginal effects estimator in sample selection models

[Zeitschriftenartikel]

Tsakas, Elias; Akay, Alpaslan

Zitationshinweis

Bitte beziehen Sie sich beim Zitieren dieses Dokumentes immer auf folgenden Persistent Identifier (PID):http://nbn-resolving.de/urn:nbn:de:0168-ssoar-239502

Weitere Angaben:
Abstract In this paper we discuss the differences between the average marginal effect and the marginal effect of the average individual in sample selection models, estimated by the Heckman procedure. We show that the bias that emerges as a consequence of interchanging the measures, could be very significant, even in the limit. We suggest a computationally cheap approximation method, which corrects the bias to a large extent. We illustrate the implications of our method with an empirical application of earnings assimilation and a small Monte Carlo simulation.
Sprache Dokument Englisch
Publikationsjahr 2008
Seitenangabe S. 3101-3110
Zeitschriftentitel Applied Economics, 40 (2008) 24
DOI http://dx.doi.org/10.1080/00036840600994096
Status Postprint; begutachtet (peer reviewed)
Lizenz PEER Licence Agreement (applicable only to documents from PEER project)
top