Exclusion Bias in Sample-Selection Model Estimators
Exclusion restrictions are routinely used in sample-selection models with selection and outcome equations. A false restriction, however, can cause an exclusion bias for the outcome equation estimator. In this paper, the specific form of the exclusion bias is derived for various sample-selection mode...
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| Format: | text |
| Language: | English |
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Institutional Knowledge at Singapore Management University
2003
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| Online Access: | https://ink.library.smu.edu.sg/soe_research/489 https://ink.library.smu.edu.sg/context/soe_research/article/1488/viewcontent/Lee_2003_Japanese_Economic_Review.pdf |
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| Institution: | Singapore Management University |
| Language: | English |