248 Issued in January 2000 NBER Program(s): Technical Working Papers Applied economists have long struggled with the question of how to accommodate binary endogenous regressors in models with binary and non-negative outcomes.
I argue here that much of the difficulty with limited-dependent variables comes from a focus on structural parameters, such as index coefficients, instead of causal effects.
The estimation strategies discussed in the paper are illustrated by using multiple births to estimate the effect of childbearing on employment status and hours of work.
Machine-readable bibliographic record - MARC, RIS, Bib Te X Document Object Identifier (DOI): 10.3386/t0248 Published: Angrist, Joshua D.
The purpose of writing a business plan is to actually research and find out more about the business venture that you have in mind.
It also allows you to stress test all of your business assumptions to ensure they hold up to real market conditions.
Chris Hadley earned his Ph D in Cognitive Psychology from UCLA in 2006.
Chris' academic research has been published in numerous scientific journals.
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