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We derive the conditional mean of the limited dependent variable for a general class of sample selection models with a logarithmically transformed dependent variable. An application to household charity donation suggests use of the correct conditional mean is important.
Persistent link: https://www.econbiz.de/10005175234
We derive the conditional means of the dependent variables and their marginal effects in a dual ordinal selection model with log-transformed and untransformed dependent variables. Results are applied to a body mass index equation with endogenous diet and exercise treatments.
Persistent link: https://www.econbiz.de/10008866873