IDEAS home Printed from https://ideas.repec.org/a/eee/econom/v27y1985i1p131-135.html

Correcting for truncation bias caused by a latent truncation variable

Author

Listed:
  • Bloom, David E.
  • Killingsworth, Mark R.

Abstract

We discuss estimation of the model Y[sub i] = X[sub i]b[sub y] + e[sub Yi] and T[sub i] =X[sub i]b[sub T] + e[sub Ti] when data on the continuous dependent variable Y and on the independent variables X are observed if the "truncation variable" T > 0 and when T is latent. This case is distinct from both (i) the "censored sample" case, in which Y data are available if T > 0, T is latent and X data are available for all observations, and (ii) the "observed truncation variable" case, in which both Y and X are observed if T > 0 and in which the actual value of T is observed whenever T > O. We derive a maximum-likelihood procedure for estimating this model and discuss identification and estimation.
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Bloom, David E. & Killingsworth, Mark R., 1985. "Correcting for truncation bias caused by a latent truncation variable," Journal of Econometrics, Elsevier, vol. 27(1), pages 131-135, January.
    • Handle: RePEc:eee:econom:v:27:y:1985:i:1:p:131-135
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/0304-4076(85)90048-X
    Download Restriction: Full text for ScienceDirect subscribers only
    ---><---

    As the access to this document is restricted, you may want to look for a different version below or

    for a different version of it.

    Other versions of this item:

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. BAUWENS, Luc & GINSBURGH, Victor, 2000. "Art experts and auctions are pre-sale estimates unbiased and fully informative?," LIDAM Reprints CORE 1485, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    2. Adrian Pagan, 1986. "Two Stage and Related Estimators and Their Applications," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 53(4), pages 517-538.
    3. Sizhong Sun, 2023. "Firm heterogeneity, worker training and labor productivity: the role of endogenous self-selection," Journal of Productivity Analysis, Springer, vol. 59(2), pages 121-133, April.
    4. Kostas Tsekouras & Dimitris Skuras & Irene Daskalopoulou, 2008. "The role of productive efficiency on entry and post-entry performance under different strategic orientation: the case of the Greek plastics and rubber industry," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 29(1), pages 37-55.
    5. Ramesh K. S. Rao & Susan A. White, 1994. "The Dividend Payouts Of Private Firms: Evidence From Tax Court Decisions," Journal of Financial Research, Southern Finance Association;Southwestern Finance Association, vol. 17(4), pages 449-464, December.
    6. Takaoka, Sumiko, 2018. "Convenience yield on government bonds and unconventional monetary policy in Japanese corporate bond spreads," MPRA Paper 86418, University Library of Munich, Germany.
    7. Kounetas, Kostas & Tsekouras, Kostas, 2008. "The energy efficiency paradox revisited through a partial observability approach," Energy Economics, Elsevier, vol. 30(5), pages 2517-2536, September.
    8. Colombo, Massimo G. & Delmastro, Marco & Grilli, Luca, 2004. "Entrepreneurs' human capital and the start-up size of new technology-based firms," International Journal of Industrial Organization, Elsevier, vol. 22(8-9), pages 1183-1211, November.
    9. R Crouchley, 1998. "Testing for Sample-Selection Bias Due to Location Effects in Work-History Data Collected Retrospectively from a Geographically Based Sample," Environment and Planning A, , vol. 30(12), pages 2195-2210, December.
    10. Daskalopoulou, Irene, 2008. "Fairness perceptions and observed consumer behavior: Results of a partial observability model," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 37(1), pages 31-44, February.
    11. Julie L. Hotchkiss & David L. Sjoquist & Stephanie M. Zobay, 1999. "Employment Impact of Inner-city Development Projects: The Case of Underground Atlanta," Urban Studies, Urban Studies Journal Limited, vol. 36(7), pages 1079-1093, June.
    12. Jonathan Yoder, 2002. "Estimation of Wildlife-Inflicted Property Damage and Abatement Based on Compensation Program Claims Data," Land Economics, University of Wisconsin Press, vol. 78(1), pages 45-59.
    13. Mata, Jose, 1996. "Markets, entrepreneurs and the size of new firms," Economics Letters, Elsevier, vol. 52(1), pages 89-94, July.
    14. Emran, M. Shahe & Shilpi, Forhad, 2017. "Estimating Intergenerational Mobility with Incomplete Data: Coresidency and Truncation Bias in Rank-Based Relative and Absolute Mobility Measures," MPRA Paper 80724, University Library of Munich, Germany.
    15. Colombo, Massimo G. & Grilli, Luca, 2006. "Erratum to "Start-up size: The role of external financing" [Economics Letters 88 (2005) 243-250]," Economics Letters, Elsevier, vol. 90(1), pages 148-148, January.
    16. M. Shahe Emran & William Greene & Forhad Shilpi, 2018. "When Measure Matters: Coresidency, Truncation Bias, and Intergenerational Mobility in Developing Countries," Journal of Human Resources, University of Wisconsin Press, vol. 53(3), pages 589-607.
    17. Blane David Lewis, 2007. "Revisiting the Price of Residential Land in Jakarta," Urban Studies, Urban Studies Journal Limited, vol. 44(11), pages 2179-2194, October.
    18. Alberto Palloni & Jason Thomas, 2013. "Estimation of Covariate Effects With Current Status Data and Differential Mortality," Demography, Springer;Population Association of America (PAA), vol. 50(2), pages 521-544, April.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:econom:v:27:y:1985:i:1:p:131-135. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/jeconom .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.