## Abstract This paper applies both parametric and semiparametric methods to the estimation of wage and participation equations for married women in Portugal. The semiparametric estimators considered are the two‐stage estimators proposed by Newey (1991) and Andrews and Schafgans (1998). The selecti
Semiparametric estimation of a female labour participation model
✍ Scribed by Sainz, Ana I. Fernández ;Póo, Juan M. Rodríguez
- Publisher
- John Wiley and Sons
- Year
- 1997
- Tongue
- English
- Weight
- 104 KB
- Volume
- 13
- Category
- Article
- ISSN
- 8755-0024
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✦ Synopsis
Labour female participation models have been usually studied through probit and logit specifications. Little attention has been paid to verify the assumptions that are used in this sort of models, basically distributional assumptions and homoskedasticity. This paper estimates a binary response model of female labour force participation. We use both parametric and semiparametric approaches. The parametric model includes fixed and random coefficients probit specification. The semiparametric specification allows for some kind of heteroskedasticity. We also apply some specification tests on the most important sources of misspecification in binary response models: heteroskedasticity and specification on the distribution of the error term. The results depend crucially on the assumed model.
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