reswage estimates a reservation wage model with endogenous selection using Breen's (1996) likelihood function. reswage provides an alternative to Heckman two-step or Heckman MLE selection models, with the primary distinction being that it relaxes the assumption of the exogeneity of the sampling mechanism, what Maddala (1983) refers to as models with self-selectivity.
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Publisher Info
Software component provided by Boston College Department of Economics in its series Statistical Software Components with number
S448901.
Size: Programming language: Stata Requires: Stata version 8.2 Date of creation: 21 Jan 2005 Date of revision: Handle: RePEc:boc:bocode:s448901
Note: This module may be installed from within Stata by typing "ssc install reswage". Windows users should not attempt to download these files with a web browser. Contact details of provider: Postal: Boston College, 140 Commonwealth Avenue, Chestnut Hill MA 02467 USA Phone: 617-552-3670 Fax: +1-617-552-2308 Email: Web page: http://fmwww.bc.edu/EC/ More information through EDIRC