Abstract:
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.
Language: Stata Requires: Stata version 8.2 Keywords:reservation wage; Heckman; selection; endogeneity (search for similar items in EconPapers) Date: 2005-01-21 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.
More software in Statistical Software Components from Boston College Department of Economics Address: Boston College, 140 Commonwealth Avenue, Chestnut Hill MA 02467 USA Contact information at EDIRC. Series data maintained by Christopher F Baum ().
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