Identification of models of the labor market
AbstractThis chapter discusses identification of common selection models of the labor market. We start with the classic Roy model and show how it can be identified with exclusion restrictions. We then extend the argument to the generalized Roy model, treatment effect models, duration models, search models, and dynamic discrete choice models. In all cases, key ingredients for identification are exclusion restrictions and support conditions.
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Bibliographic InfoPaper provided by Federal Reserve Bank of Chicago in its series Working Paper Series with number WP-2010-08.
Date of creation: 2010
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- J0 - Labor and Demographic Economics - - General
This paper has been announced in the following NEP Reports:
- NEP-ALL-2010-09-25 (All new papers)
- NEP-DCM-2010-09-25 (Discrete Choice Models)
- NEP-DGE-2010-09-25 (Dynamic General Equilibrium)
- NEP-ECM-2010-09-25 (Econometrics)
- NEP-LAB-2010-09-25 (Labour Economics)
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- Keane, Michael P. & Todd, Petra E. & Wolpin, Kenneth I., 2011. "The Structural Estimation of Behavioral Models: Discrete Choice Dynamic Programming Methods and Applications," Handbook of Labor Economics, Elsevier.
- D’Haultfœuille, Xavier & Maurel, Arnaud, 2013.
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Elsevier, vol. 174(2), pages 95-106.
- Arnaud Maurel & Xavier D'Haultfoeuille, 2011. "Inference on an Extended Roy Model, with an Application to Schooling Decisions in France," Working Papers 11-10, Duke University, Department of Economics.
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