Arbeitspapier

A generalized parametric selection model for non-normal data

I develop a new approach for sample selection problems that allows parametric forms of any type to be chosen for both for the selection and the observed variables. The Generalized Parametric Selection (GPS) model can incorporate both duration and count data models, unlike previous parametric models. MLE does not require numerical integration or simulation techniques, unlike previous models for count data. I discuss application to common duration models (exponential, Weibull, log-logistic) and count models (Poisson, negative binomial). I demonstrate the usefulness of the model with an application to the effects of insurance status and managed care on hospitalization duration data. The example indicates that the GPS model may be preferred even in cases for which other parametric approaches are available.

Sprache
Englisch

Erschienen in
Series: Working Paper ; No. 00-9

Klassifikation
Wirtschaft
Thema
sample selection
bivariate distribution
duration models
count data models
lee's model
managed care
Medical Expenditure Panel Survey
Statistisches Auswahlverfahren

Ereignis
Geistige Schöpfung
(wer)
Prieger, James E.
Ereignis
Veröffentlichung
(wer)
University of California, Department of Economics
(wo)
Davis, CA
(wann)
2000

Handle
Letzte Aktualisierung
10.03.2025, 11:45 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Prieger, James E.
  • University of California, Department of Economics

Entstanden

  • 2000

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