Testing for sample selection bias in pseudo panels : theory and Monte Carlo
Sample selection bias is commonly used in economic models based on micro data. Despite the continuous generalization of panel data surveys, most countries still collect microeconomic information on the behavior of economic agents by means of repeated independent and representative cross-sections. Th...
- Autores:
-
Mora Rodríguez, Jhon James
- Tipo de recurso:
- Fecha de publicación:
- 2007
- Institución:
- Universidad ICESI
- Repositorio:
- Repositorio ICESI
- Idioma:
- spa
- OAI Identifier:
- oai:repository.icesi.edu.co:10906/82342
- Acceso en línea:
- http://www.webmeets.com/lacea-lames/2008/prog/viewpaper.asp?pid=89
http://hdl.handle.net/10906/82342
- Palabra clave:
- Análisis discreto
Método de Monte Carlo
Economía
Economics
Prueba de selectividad diagonal
Modelos repetitivos de sección transversal
Econometría
Econometrics models
- Rights
- openAccess
- License
- https://creativecommons.org/licenses/by-nc-nd/4.0/
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oai:repository.icesi.edu.co:10906/82342 |
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ICESI2 |
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Repositorio ICESI |
repository_id_str |
|
dc.title.spa.fl_str_mv |
Testing for sample selection bias in pseudo panels : theory and Monte Carlo |
title |
Testing for sample selection bias in pseudo panels : theory and Monte Carlo |
spellingShingle |
Testing for sample selection bias in pseudo panels : theory and Monte Carlo Análisis discreto Método de Monte Carlo Economía Economics Prueba de selectividad diagonal Modelos repetitivos de sección transversal Econometría Econometrics models |
title_short |
Testing for sample selection bias in pseudo panels : theory and Monte Carlo |
title_full |
Testing for sample selection bias in pseudo panels : theory and Monte Carlo |
title_fullStr |
Testing for sample selection bias in pseudo panels : theory and Monte Carlo |
title_full_unstemmed |
Testing for sample selection bias in pseudo panels : theory and Monte Carlo |
title_sort |
Testing for sample selection bias in pseudo panels : theory and Monte Carlo |
dc.creator.fl_str_mv |
Mora Rodríguez, Jhon James |
dc.contributor.author.spa.fl_str_mv |
Mora Rodríguez, Jhon James |
dc.subject.spa.fl_str_mv |
Análisis discreto Método de Monte Carlo Economía Economics Prueba de selectividad diagonal Modelos repetitivos de sección transversal |
topic |
Análisis discreto Método de Monte Carlo Economía Economics Prueba de selectividad diagonal Modelos repetitivos de sección transversal Econometría Econometrics models |
dc.subject.none.fl_str_mv |
Econometría Econometrics models |
description |
Sample selection bias is commonly used in economic models based on micro data. Despite the continuous generalization of panel data surveys, most countries still collect microeconomic information on the behavior of economic agents by means of repeated independent and representative cross-sections. This paper discusses a simple testing procedure for sample selection bias in pseudo panels. In the context of conditional mean independence panel data models we describe a pseudo panel model in which under convenient expansion of the original specification with a selectivity bias correction term the method allows us to use a Wald test of H0: as a test of the null hypothesis of absence of sample selection bias. We show that the proposed selection bias correction term is proportional to Inverse Mills ratio with an argument equal to the normit of a consistent estimation of the observed proportion of individuals in each cohort. This finding can be considered a cohort counterpart of Heckmans selectivity bias correction for the individual case and generalizes to some extent previous existing results in the empirical labour literature. Monte Carlo analysis shows the test does not reject the null for fixed T at a 5% significance level in finite samples and increases its power when utilizing cohort size corrections as suggested by Deaton (1985). As a side effect, our method enables us to make a consistent estimation of the pseudo panel parameters under rejection of the null |
publishDate |
2007 |
dc.date.issued.none.fl_str_mv |
2007-03-10 |
dc.date.accessioned.none.fl_str_mv |
2017-11-29T20:58:37Z |
dc.date.available.none.fl_str_mv |
2017-11-29T20:58:37Z |
dc.type.spa.fl_str_mv |
info:eu-repo/semantics/workingPaper |
dc.type.coar.fl_str_mv |
http://purl.org/coar/resource_type/c_8042 |
dc.type.local.spa.fl_str_mv |
Documento de trabajo |
dc.type.version.spa.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
dc.type.coarversion.none.fl_str_mv |
http://purl.org/coar/version/c_970fb48d4fbd8a85 |
status_str |
publishedVersion |
dc.identifier.issn.none.fl_str_mv |
1900-1568 |
dc.identifier.other.none.fl_str_mv |
http://www.webmeets.com/lacea-lames/2008/prog/viewpaper.asp?pid=89 |
dc.identifier.uri.none.fl_str_mv |
http://hdl.handle.net/10906/82342 |
dc.identifier.instname.none.fl_str_mv |
instname: Universidad Icesi |
dc.identifier.reponame.none.fl_str_mv |
reponame: Biblioteca Digital |
dc.identifier.repourl.none.fl_str_mv |
repourl: https://repository.icesi.edu.co/ |
identifier_str_mv |
1900-1568 instname: Universidad Icesi reponame: Biblioteca Digital repourl: https://repository.icesi.edu.co/ |
url |
http://www.webmeets.com/lacea-lames/2008/prog/viewpaper.asp?pid=89 http://hdl.handle.net/10906/82342 |
dc.language.iso.spa.fl_str_mv |
spa |
language |
spa |
dc.relation.ispartof.none.fl_str_mv |
LAMES Annual Meeting - 2008 |
dc.relation.ispartof.spa.fl_str_mv |
Borradores de Economía y Finanzas, Marzo 2007 |
dc.rights.uri.none.fl_str_mv |
https://creativecommons.org/licenses/by-nc-nd/4.0/ |
dc.rights.accessrights.spa.fl_str_mv |
info:eu-repo/semantics/openAccess |
dc.rights.license.none.fl_str_mv |
Atribuci�n-NoComercial-SinDerivadas 4.0 Internacional (CC BY-NC-ND 4.0) |
dc.rights.coar.none.fl_str_mv |
http://purl.org/coar/access_right/c_abf2 |
rights_invalid_str_mv |
https://creativecommons.org/licenses/by-nc-nd/4.0/ Atribuci�n-NoComercial-SinDerivadas 4.0 Internacional (CC BY-NC-ND 4.0) http://purl.org/coar/access_right/c_abf2 |
eu_rights_str_mv |
openAccess |
dc.format.extent.spa.fl_str_mv |
26 páginas |
dc.format.medium.spa.fl_str_mv |
Digital |
dc.coverage.spatial.spa.fl_str_mv |
Rio de Janeiro de Lat: 22 53 00 S degrees minutes Lat: -22.8833 decimal degrees Long: 043 17 00 W degrees minutes Long: -43.2833 decimal degrees |
dc.publisher.spa.fl_str_mv |
Universidad Icesi |
dc.publisher.faculty.spa.fl_str_mv |
Facultad de Ciencias Administrativas y Económicas |
dc.publisher.program.spa.fl_str_mv |
Economía |
dc.publisher.department.spa.fl_str_mv |
Departamento De Economía |
dc.publisher.place.spa.fl_str_mv |
Rio de Jainero |
institution |
Universidad ICESI |
bitstream.url.fl_str_mv |
http://repository.icesi.edu.co/biblioteca_digital/bitstream/10906/82342/4/mora_monte_carlo_2007.pdf http://repository.icesi.edu.co/biblioteca_digital/bitstream/10906/82342/3/documento.html.txt http://repository.icesi.edu.co/biblioteca_digital/bitstream/10906/82342/2/license.txt |
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bitstream.checksumAlgorithm.fl_str_mv |
MD5 MD5 MD5 |
repository.name.fl_str_mv |
Biblioteca Digital - Universidad icesi |
repository.mail.fl_str_mv |
cdcriollo@icesi.edu.co |
_version_ |
1814094879687442432 |
spelling |
Mora Rodríguez, Jhon JamesRio de Janeiro de Lat: 22 53 00 S degrees minutes Lat: -22.8833 decimal degrees Long: 043 17 00 W degrees minutes Long: -43.2833 decimal degrees2017-11-29T20:58:37Z2017-11-29T20:58:37Z2007-03-101900-1568http://www.webmeets.com/lacea-lames/2008/prog/viewpaper.asp?pid=89http://hdl.handle.net/10906/82342instname: Universidad Icesireponame: Biblioteca Digitalrepourl: https://repository.icesi.edu.co/Sample selection bias is commonly used in economic models based on micro data. Despite the continuous generalization of panel data surveys, most countries still collect microeconomic information on the behavior of economic agents by means of repeated independent and representative cross-sections. This paper discusses a simple testing procedure for sample selection bias in pseudo panels. In the context of conditional mean independence panel data models we describe a pseudo panel model in which under convenient expansion of the original specification with a selectivity bias correction term the method allows us to use a Wald test of H0: as a test of the null hypothesis of absence of sample selection bias. We show that the proposed selection bias correction term is proportional to Inverse Mills ratio with an argument equal to the normit of a consistent estimation of the observed proportion of individuals in each cohort. This finding can be considered a cohort counterpart of Heckmans selectivity bias correction for the individual case and generalizes to some extent previous existing results in the empirical labour literature. Monte Carlo analysis shows the test does not reject the null for fixed T at a 5% significance level in finite samples and increases its power when utilizing cohort size corrections as suggested by Deaton (1985). As a side effect, our method enables us to make a consistent estimation of the pseudo panel parameters under rejection of the nullLatin American Meeting of the Econometric Society26 páginasDigitalspaUniversidad IcesiFacultad de Ciencias Administrativas y EconómicasEconomíaDepartamento De EconomíaRio de JaineroLAMES Annual Meeting - 2008Borradores de Economía y Finanzas, Marzo 2007EL AUTOR, expresa que la obra objeto de la presente autorización es original y la elaboró sin quebrantar ni suplantar los derechos de autor de terceros, y de tal forma, la obra es de su exclusiva autoría y tiene la titularidad sobre éste. PARÁGRAFO: en caso de queja o acción por parte de un tercero referente a los derechos de autor sobre el artículo, folleto o libro en cuestión, EL AUTOR, asumirá la responsabilidad total, y saldrá en defensa de los derechos aquí autorizados; para todos los efectos, la Universidad Icesi actúa como un tercero de buena fe. Esta autorización, permite a la Universidad Icesi, de forma indefinida, para que en los términos establecidos en la Ley 23 de 1982, la Ley 44 de 1993, leyes y jurisprudencia vigente al respecto, haga publicación de este con fines educativos Todo persona que consulte ya sea la biblioteca o en medio electrónico podrá copiar apartes del texto citando siempre la fuentes, es decir el título del trabajo y el autor.https://creativecommons.org/licenses/by-nc-nd/4.0/info:eu-repo/semantics/openAccessAtribuci�n-NoComercial-SinDerivadas 4.0 Internacional (CC BY-NC-ND 4.0)http://purl.org/coar/access_right/c_abf2Análisis discretoMétodo de Monte CarloEconomíaEconomicsPrueba de selectividad diagonalModelos repetitivos de sección transversalEconometríaEconometrics modelsTesting for sample selection bias in pseudo panels : theory and Monte Carloinfo:eu-repo/semantics/workingPaperhttp://purl.org/coar/resource_type/c_8042Documento de trabajoinfo:eu-repo/semantics/publishedVersionhttp://purl.org/coar/version/c_970fb48d4fbd8a85Comunidad Universidad Icesi - InvestigadoresORIGINALmora_monte_carlo_2007.pdfmora_monte_carlo_2007.pdfapplication/pdf829195http://repository.icesi.edu.co/biblioteca_digital/bitstream/10906/82342/4/mora_monte_carlo_2007.pdfebe603e811823018b5ca10dfd1e7eab8MD54TEXTdocumento.html.txtdocumento.html.txttext/plain73http://repository.icesi.edu.co/biblioteca_digital/bitstream/10906/82342/3/documento.html.txt2f71a38736e7280ed14807d9783d1d22MD53LICENSElicense.txtlicense.txttext/plain1748http://repository.icesi.edu.co/biblioteca_digital/bitstream/10906/82342/2/license.txt8a4605be74aa9ea9d79846c1fba20a33MD5210906/82342oai:repository.icesi.edu.co:10906/823422021-10-27 17:50:58.009Biblioteca Digital - Universidad icesicdcriollo@icesi.edu.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 |