Publication:
Edgeworth expansion based correction of selectivity bias in models of double selection

dc.contributor.coauthorYavuzoğlu, Berk
dc.contributor.departmentDepartment of Economics
dc.contributor.kuauthorTunalı, Fehmi İnsan
dc.contributor.schoolcollegeinstituteCollege of Administrative Sciences and Economics
dc.date.accessioned2024-11-09T12:40:25Z
dc.date.issued2012
dc.description.abstractEdgeworth expansions are known to be useful for approximating probability distributions and moments. In our case, we exploit the expansion in the context of models of double selection embedded in a trivariate normal structure. We assume bivariate normality among the random disturbance terms in the two selection equations but allow the distribution of the disturbance term in the outcome equation to be free. This sets the stage for a control function approach to correction of selectivity bias that affords tests for the more common trivariate normality specifi-cation. Other recently proposed methods for handling multiple outcomes are Multinomial Logit based selection correction models. An empirical example is presented to document the differ-ences among the results obtained from our selectivity correction approach, trivariate normality specification and Multinomial Logit based selection correction models.
dc.description.fulltextYES
dc.description.indexedbyN/A
dc.description.openaccessYES
dc.description.publisherscopeNational
dc.description.sponsoredbyTubitakEuN/A
dc.description.sponsorshipN/A
dc.description.versionAuthor's final manuscript
dc.identifier.embargoNO
dc.identifier.filenameinventorynoIR01229
dc.identifier.quartileN/A
dc.identifier.urihttps://hdl.handle.net/20.500.14288/2185
dc.keywordsEdgeworth expansions
dc.keywordsDouble selection models
dc.keywordsFemale labor supply
dc.keywordsSelectivity bias
dc.language.isoeng
dc.relation.urihttp://cdm21054.contentdm.oclc.org/cdm/ref/collection/IR/id/4116
dc.subjectEconomics
dc.titleEdgeworth expansion based correction of selectivity bias in models of double selection
dc.typeWorking Paper
dspace.entity.typePublication
local.contributor.kuauthorTunalı, Fehmi İnsan
local.publication.orgunit1College of Administrative Sciences and Economics
local.publication.orgunit2Department of Economics
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