Nonparametric Estimation of Sample Selection Models

Das, Mitali; Newey, Whitney K.; Vella, F.

doi:10.1111/1467-937x.00236

Cited by 338 publications

(354 citation statements)

References 21 publications

(42 reference statements)

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“…Much of this work extends Heckman's (1979) classic model to allow for non-normality. See, e.g., Gallant and Nychka (1998), Newey (1988), Das, Newey and Vella (2003), or Vella (1998) for a survey. There are other techniques we could have used to correct for sample selection across the distribution.…”

Section: Repeat Steps 1 To 4 M Timesmentioning

confidence: 99%

Counterfactual distributions with sample selection adjustments: Econometric theory and an application to the Netherlands

2009

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Several recent papers use the quantile regression decomposition method of Machado and Mata (2005) to analyze the gender gap in log wages across the distribution. Since employment rates often differ substantially by gender, sample selection is potentially a serious issue for such studies. To address this issue, we extend the Machado-Mata technique to account for selection. In addition, we prove that this procedure yields consistent and asymptotically normal estimates of the quantiles of the counterfactual distribution that it is designed to simulate.We illustrate our approach by analyzing the gender log wage gap between men and women who work full time in the Netherlands. Because the fraction of women working full time in the Netherlands is quite low, this is a case in which sample selection is clearly important. We find a positive selection of women into full-time work and find that about two thirds of this selection is due to observables such as education and experience with the remainder due to unobservables. Our decompositions show that the majority of the gender gap across the log wage distribution is due to differences between men and women in the distributions of returns to labor market characteristics rather than to differences in the distributions of the characteristics themselves.

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Section: Repeat Steps 1 To 4 M Timesmentioning

confidence: 99%

Counterfactual distributions with sample selection adjustments: Econometric theory and an application to the Netherlands

2009

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“…Another paper documenting the importance of functional form assumptions is Das et al (2003), who estimate the return to education for young Australian women. They estimate equations for years of education, the probability of working, and wages.…”

Section: Are Functional Forms Innocuous? Evidence From Catholic Schoolsmentioning

confidence: 99%

Identification of Models of the Labor Market

French¹,

Taber²

2011

Handbook of Labor Economics

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This chapter discusses identification of common selection models of the labor market.We start with the classic Roy model and show how it can be identified with exclusion restrictions. We then extend the argument to the generalized Roy model, treatment effect models, duration models, search models, and dynamic discrete choice models.In all cases, key ingredients for identification are exclusion restrictions and support conditions.

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“…43 Esho et al (2004). 44 Das et al (2003). 45 Klaauw and Koning (2003) provide a parametric estimation for a sample selection model.…”

Section: Regression Modelmentioning

confidence: 99%

Demutualization and Demand for Reinsurance

Wang

Chang

Lai³

et al. 2008

Geneva Pap Risk Insur Issues Pract

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This study investigates whether U.S. property-liability insurers change their demand for reinsurance after demutualization. Our empirical results show that the overall demand for reinsurance of converting insurers is not statistically different after the conversion. Furthermore, we find that converting insurers decrease the demand for reinsurance from non-affiliated reinsurers, but increase the demand for reinsurance from affiliated reinsurers after the conversion. One possible explanation is that converting insurers may treat reinsurance to affiliated reinsurers as risk retention rather than risk transfer so that they can reduce reinsurance cost. Another interesting finding is that converting insurers increase demand for reinsurance from non-affiliated reinsurers before conversion.

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Nonparametric Estimation of Sample Selection Models

Cited by 338 publications

References 21 publications

Counterfactual distributions with sample selection adjustments: Econometric theory and an application to the Netherlands

Counterfactual distributions with sample selection adjustments: Econometric theory and an application to the Netherlands

Identification of Models of the Labor Market

Demutualization and Demand for Reinsurance

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