[Limdep Nlogit List] panel-based Heckman model
Richard Harris
r.harris at socsci.gla.ac.uk
Fri May 16 00:24:06 EST 2008
I would like to run a two-stage Heckman procedure using a fixed effects
panel estimator. I know that FE probit needs a bias correction (which I
don't think has been programmed into software to date, but if it is
available I'd appreciate knowing) based on Val and Vella (2007); so my
question is why not use a FE logit model and compute the inverse Mills
ratio and enter this into the second stage of the Heckman procedure?
Any comments would be most welcomed?
Thanks in advance
Richard
Prof. Richard Harris
Cairncross Professor of Applied Economics &
Director of CPPR
Ivy Lodge
63 Gibson Street
University of Glasgow G12 8LR
Tel: +44 (0)141 330 4672
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email: Richard.Harris at lbss.gla.ac.uk <mailto:R.Harris at socsci.gla.ac.uk>
http://www.gla.ac.uk/departments/economics/
http://www.cppr.ac.uk <http://www.cppr.ac.uk>
The University of Glasgow, charity number SC004401
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