Identification of Models of the Labor Market
Federal Reserve Bank of Chicago
National Bureau of Economic Research (NBER); University of Wisconsin - Madison
September 24, 2010
FRB of Chicago Working Paper No. 2010-08
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.
Number of Pages in PDF File: 102
Keywords: Identification, Roy model, discrete choice, selection, treatment effects
JEL Classification: C14, C51, J22, J24working papers series
Date posted: August 31, 2010 ; Last revised: September 27, 2010
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