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Browsing by Subject "Truncation"

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    Semiparametric Two Stage Estimation of Sample Selection Models Subject to Tobit-Type Selection Rules
    (Center for Economic Research, Department of Economics, University of Minnesota, 1990-07) Lee, Lung-Fei
    A semiparametric two stage estimation method is proposed for the estimation of sample selection models which are subject to Tobit-type selection rules. With randomization restrictions on the disturbances of the model, all the regression coefficients in the model are in general identifiable without exclusion restrictions. The proposed estimator is shown to be Vn-consistent and asymptotically normal. Some Monte Carlo results to demonstrate its finite sample performance are also provided.

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