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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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