A note on Heckman-type corrections in models for zero expenditures
AbstractIn Heien and Wessells (1990), a two-step estimation procedure, that makes use of Heckman-type corrections, is proposed to estimate consumption on household budget surveys. It is shown that this approach, which draws from switching regressions models, leads to inconsistent estimates.
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Bibliographic InfoArticle provided by Taylor & Francis Journals in its journal Applied Economics.
Volume (Year): 33 (2001)
Issue (Month): 9 ()
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Other versions of this item:
- Vermeulen, F.M.P., 2001. "A note on Heckman-type corrections in models for zero expenditures," Open Access publications from Tilburg University urn:nbn:nl:ui:12-3106945, Tilburg University.
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