Arbeitspapier

Consistent estimation of pseudo panels in the presence of selection bias

In the presence of selection bias, traditional estimators of pseudo panel data are inconsistent. In this paper, the authors derive the conditions under which consistence is achieved in pseudo-panel estimation and propose a simple test of selection bias. Specifically, they propose a Wald test for the null hypothesis that there is no selection bias. Under rejection of the null hypothesis, the authors can consistently estimate pseudo-panel parameters. They use cross sections and pseudo-panel regressions to test for selection bias and estimate the returns to education in Colombia. The authors corroborate the existence of selection bias and find that returns to education are around twenty percent.

Sprache
Englisch

Erschienen in
Series: Economics Discussion Papers ; No. 2012-26

Klassifikation
Wirtschaft
Single Equation Models; Single Variables: Panel Data Models; Spatio-temporal Models
Model Evaluation, Validation, and Selection
Thema
Repeated cross-section models
selectivity bias testing
human capital
Panel
Schätztheorie
Auswahl
Bias
Theorie

Ereignis
Geistige Schöpfung
(wer)
Mora Rodriguez, Jhon James
Muro, Juan
Ereignis
Veröffentlichung
(wer)
Kiel Institute for the World Economy (IfW)
(wo)
Kiel
(wann)
2012

Handle
Letzte Aktualisierung
10.03.2025, 11:41 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

  • Mora Rodriguez, Jhon James
  • Muro, Juan
  • Kiel Institute for the World Economy (IfW)

Entstanden

  • 2012

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