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This paper studies models of processes generating censored outcomes with endogenous explanatory variables and instrumental variable restrictions. Tobit-type left censoring at zero is the primary focus in the exposition. The models studied here are unrestrictive relative to others widely used in...
Persistent link: https://www.econbiz.de/10012581449
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This paper studies models of processes generating censored outcomes with endogenous explanatory variables and instrumental variable restrictions. Tobit-type left censoring at zero is the primary focus in the exposition. Extension to stochastic censoring is sketched. The models do not specify the...
Persistent link: https://www.econbiz.de/10013387372
Persistent link: https://www.econbiz.de/10012872714
investments influencing parental time and economic resources invested in children's education. This aspect is related to the … children quantity-quality trade-off proposed by Becker that has been investigated only for a few countries because of data … limitations. We investigate this issue for Italy - even in the absence of Census data relating family of origin to children …
Persistent link: https://www.econbiz.de/10012803755
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Basmann (Basmann, R.L., 1957, A generalized classical method of linear estimation of coefficients in a structural equation. Econometrica 25, 77-83; Basmann, R.L., 1959, The computation of generalized classical estimates of coefficients in a structural equation. Econometrica 27, 72-81) introduced...
Persistent link: https://www.econbiz.de/10011594466
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sign of the marginal effects of additional siblings on children’s outcomes, our empirical model allows for an unrestricted … incentives for fertility should account for spillover effects on existing children. …
Persistent link: https://www.econbiz.de/10011798965