Censored Models
Censored Models
Topics Discussed in Class
Topics Discussed in Class
Tobit.
Selection Bias.
Kinked Budget Set Models.
Readings Discussed in Class
Readings Discussed in Class
Dubin. J. and D. McFadden (1984). "An Econometric Analysis of Residential Electric Appliance Holdings and Consumption." Econometrica. 345-362.
Hausman, J. (1981). "Labor Supply." in How Taxes Affect Economic Behavior. Brookings Institute.
Heckman, J. (1979). "Sample Selection Bias as a Specification Error." Econometrica. 153-161.
Maddala, Chptrs 6, 8, 9.
Other readings
Other readings
Gourieroux, C., A. Monfort, E. Renault, and A. Trognon (1987). "Generalized Residuals." Journal of Econometrics. 5-32.
Heckman, J. and G. Sedlacek (1985). "Heterogeneity, Aggregation, and Market Wage Functions: An Empirical Model of Self Selection in the Labor Market." Journal of Political Economy. 1077-1125.