Mathematics
8 years ago

New method accurately estimates sample selection model with endogeneity, improving data analysis.

RePEc: Research Papers in Economics
Semiparametric Estimation of a Sample Selection Model in the Presence of Endogeneity
Jörg Schwiebert

Paper Summary

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The article presents a new method to estimate a model when some factors are both chosen by the sample and influenced by other factors. This method allows for the same factors to affect both the selection process and the main equation. The researchers show that their method is reliable and provide evidence from simulations and real-world data. They also suggest how this method can be extended to different types of analysis.