Estimation of semiparametric censored regression models: an application to changes in black-white earnings inequality during the 1960s.
Building on the work of Chay (1995), this study examines the impact of civil rights policies on black economic progress using individual-level panel data. Many earnings records are censored and the degree of censoring changed during the period of interest. Consequently, valid estimates of the progr...
| Publicado en: | Journal of Human Resources Vol. 33; no. 1; pp. 4 - 39 |
|---|---|
| Autores principales: | , |
| Formato: | Artículo |
| Publicado: |
University of Wisconsin Press
Winter98
|
| Materias: | |
| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=507618853&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 507618853 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 0022166X JHR jtl: Journal of Human Resources issn: 0022166X maglogo: N pubinfo: dt: Winter98 vid: 33 iid: 1 pid: 249 pub: University of Wisconsin Press artinfo: ui: 507618853 10.2307/146313 ppf: 4 ppct: 35 formats: fmt: – @attributes: type: T – @attributes: type: P size: 8.2MB tig: atl: Estimation of semiparametric censored regression models: an application to changes in black-white earnings inequality during the 1960s. aug: au: Chay, Kenneth Y. Honoré, Bo E. su: Regression analysis Parameter estimation Racial differences White people Employment Wage differentials History United States sug: subj: United States Regression analysis Parameter estimation Racial differences White people Employment Wage differentials History keyword: Civil Rights Act of 1964 Race differences ab: Building on the work of Chay (1995), this study examines the impact of civil rights policies on black economic progress using individual-level panel data. Many earnings records are censored and the degree of censoring changed during the period of interest. Consequently, valid estimates of the program effects must account for this censoring. Maximum likelihood estimation can be used if the error terms of the model are identically normally distributed. We investigate the value of using weaker assumptions on the error process to estimate the laws impact. The analysis shows that there was significant black-white earnings convergence in the South during the 1960s. We also find that semiparametric estimation methods are informative in pinpointing which parts of the model are misspecified. Reprinted by permission of the publisher. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
|---|