
Econometric Methods for Labour Economics.
Title:
Econometric Methods for Labour Economics.
Author:
Bazen, Stephen.
ISBN:
9780191618109
Personal Author:
Physical Description:
1 online resource (161 pages)
Series:
Practical Econometrics
Contents:
Cover -- Contents -- List of Figures -- List of Tables -- Data Sources -- Introduction -- 1. The Use of Linear Regression in Labour Economics -- 1.1 The Linear Regression Model-A Review of Some Basic Results -- 1.2 Specification Issues in the Linear Model -- 1.3 Using the Linear Regression Model in Labour Economics-the Mincer Earnings Equation -- 1.4 Concluding Remarks -- Appendix: The Mechanics of Ordinary Least Squares Estimation -- 2. Further Regression Issues in Labour Economics -- 2.1 Decomposing Differences Between Groups-Oaxaca and Beyond -- 2.2 Quantile Regression and Earnings Decompositions -- 2.3 Regression with Panel Data -- 2.4 Estimating Standard Errors -- 2.5 Concluding Remarks -- 3. Dummy and Ordinal Dependent Variables -- 3.1 The Linear Model and Least Squares Estimation -- 3.2 Logit and Probit Models-A Common Set-up -- 3.3 Interpreting the Output -- 3.4 More Than Two Choices -- 3.5 Concluding Remarks -- 4. Selectivity -- 4.1 A First Approach-Truncation Bias and a Pile-up of Zeros -- 4.2 Sample Selection Bias-Missing Values -- 4.3 Marginal Effects and Oaxaca Decompositions in Selectivity Models -- 4.4 The Roy Model-The Role of Comparative Advantage -- 4.5 The Normality Assumption -- 4.6 Concluding Remarks -- Appendix -- 1. The conditional expectation of the error term under truncation -- 2. The conditional expectation of the error term with sample selection -- 3. Marginal effects in the sample selection model -- 4. The conditional expectation of the error terms in two equations with selectivity bias -- 5. Duration Models -- 5.1 Analysing Completed Durations -- 5.2 Econometric Modelling of Spell Lengths -- 5.3 Censoring: Complete and Incomplete Durations -- 5.4 Modelling Issues with Duration Data -- 5.5 Concluding Remarks -- Appendix -- 1. The expected duration of completed spell is equal to the integral of the survival function.
2. The integrated hazard function -- 3. The log likelihood function with discrete (grouped) duration data -- 6. Evaluation of Policy Measures -- 6.1 The Experimental Approach -- 6.2 The Quasi-experimental Approach-A Control Group can be Defined Exogenously -- 6.3 Evaluating Policies in a Non-experimental Context: The Role of Selectivity -- 6.4 Concluding Remarks -- Appendix -- 1. Derivation of the average treatment effect as an OLS estimator -- 2. Derivation of the Wald estimator -- Conclusion -- Bibliography -- Index -- A -- B -- C -- D -- E -- F -- G -- H -- I -- K -- L -- M -- N -- O -- P -- Q -- R -- S -- T -- U -- W.
Abstract:
An accessible presentation of the standard statistical techniques used by labour economists. It emphasises both the input and output of empirical analysis and covers the application of five major econometric methods.
Local Note:
Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2017. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries.
Genre:
Electronic Access:
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