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This paper uses the semi-parametric method for binary choice models developed by Wang and Zhou (1995) to estimate the effect of health on the labour force participation of married women using data from the Panel Study of Income Dynamics (1989 interviewing year). The semi-parametric method is...
Persistent link: https://www.econbiz.de/10009227102
We conduct a performance evaluation in terms of technical efficiency of large law firms based on a unique sample of 163 large law firms in the USA in 1994. To estimate technical efficiency for individual firms, we use the stochastic frontier production function with composed errors where output...
Persistent link: https://www.econbiz.de/10009205236
Persistent link: https://www.econbiz.de/10005285605
This paper proposes some tests for choosing between two estimated models using some Pearson type statistics. We allow for arbitrary ?n-asymptotically normal estimators to be used in forming these statistics. This provides some flexibility in practice. Then Large Sample theory and bootstrap...
Persistent link: https://www.econbiz.de/10005065976
Persistent link: https://www.econbiz.de/10005118100