Model specification and endogeneity

Journal of Econometrics

Volumn 83, Issue 1-2, 1998, Pages 213-237

  Nakamura, Alice ^a   Nakamura, Masao ^b  

^a UNIVERSITY OF ALBERTA   (Canada)

^b UNIVERSITY OF BRITISH COLUMBIA   (Canada)

Author keywords

Endogeneity; Endogeneity testing; Female labor supply; Instrumental variables

Indexed keywords

EID: 0001025355     PISSN: 03044076     EISSN: None     Source Type: Journal    
DOI: 10.1016/S0304-4076(97)00070-5     Document Type: Article

References (48)

1. Angrist, J.D., Krueger, A.B., 1995. Split-sample instrumental variables estimates of the return to schooling. Journal of Business and Economic Statistics 13, 225-235.
2. Berndt, E.R., 1991. The Practice of Econometrics: Classic and Contemporary. Addison Wesley, Reading, MA.
3. Buse, A., 1992. The bias of instrumental variables estimators. Econometrica 60, 173-180.
4. Christ, C.F., 1966. Econometric Models and Methods. Wiley, New York.
5. Christ, C.F., 1994, The Cowles Commission's contributions to econometrics at Chicago, 1939-1955. Journal of Economic Literature 32, 30-59.
6. Cragg, J.C., Donald, S.G., 1993. Testing identifiability and specification in instrumental variable models. Econometric Theory 9, 222-240.
7. Durbin, J., 1954. Errors in variables. Review of the International Statistical Institute 22, 23-32.
8. Geweke, J., 1987. Endogeneity and exogeneity. In: Eatwell, J., Milgate, M., Newman, P. (Eds.), The New Palgrave: a Dictionary of Economics, vol. 2. Macmillan, London, pp. 134-136.
9. Hausman, J.A., 1978. Specification tests in econometrics. Econometrica 46, 1251-1271.
10. Hausman, J.A., Taylor, W.E., 1981. Comparing specification tests and classical tests, Bell Laboratories economics discussion paper.
11. Heckman, J.J., 1985. Foreword. In: Nakamura, A., Nakamura M. ( Eds.), The Second Paycheck: a Socioeconomic Analysis of Earnings. Academic Press, Orlando, FL, pp. xi-xii.
12. Heckman, J.J., Killingsworth, M.R., MaCurdy, T.E., 1981. Empirical evidence on static labour supply models: a survey of recent developments. In: Hornstein, Z., Grice, J., Webb, A. (Eds.) The Economics of the Labour Market, Her Majesty's Stationery Office, London, pp. 73-122.
13. Hicks, J.R., 1965. The Theory of Wages, 2nd ed. Macmillan, London.
14. Kariya, T., Hodoshima, J., 1980. Finite sample properties of the tests of independence in structural systems and LRT. Economic Studies Quarterly 31, 45-56.
15. Killingsworth, M.R., 1983. Labor Supply. Cambridge University Press, New York.
16. Killingsworth, M.R., Heckman, J.J., 1986. Female labor supply: a survey. In: Ashenfelter, O., Layard, R. (Eds.), Handbook of Labor Economics, vol. I. North-Holland, Amsterdam, pp. 103-204.
17. Koopmans, T.C., Hood, W.C., 1953. The estimation of simultaneous linear economic relationships. In: Hood, W.C., Koopmans, T.C. (Eds.), Studies in Econometric Methods, Wiley, New York, pp. 112-199.
18. Lehmann, E. L., 1959. Testing Statistical Hypotheses. Wiley, New York.
19. Manski, C.F., 1995. Identification Problems in the Social Sciences. Harvard University Press, Cambridge, MA.
20. Marshall, A., 1920. Principles of Economics, 8th ed. Macmillan, New York.
21. Mincer, J., 1962. Labor force participation of married women: a study of labor supply. In: Aspects of Labor Economics. National Bureau of Economic Research, Princeton University Press, Princeton, NJ, pp. 63-97.
22. Mroz, T.A., 1987. The sensitivity of an empirical model of married women's hours of work to economic and statistical assumptions. Econometrica 55, 765-799.
23. Nakamura, A., Nakamura, M., 1981a. On the relationships among several specification error tests presented by Durbin, Wu and Hausman. Econometrica 49, 1583-1588.
24. Nakamura, A., Nakamura, M., 1981b. A comparison of the labor force behavior of married women in the United States and Canada, with special attention to the impact of income taxes. Econometrica 49, 451-489.
25. Nakamura, A., Nakamura, M., 1983. Part-time and full-time work behavior of married women: a model with a doubly truncated dependent variable. Canadian Journal of Economics, 229-257.
26. Nakamura, A., Nakamura, M., 1985a. The Second Paycheck: a Socioeconomic Analysis of Earnings. Academic Press, Orlando, FL.
27. Nakamura, A., Nakamura, M. 1985b. Dynamic models of the labor force behavior of married women which can be estimated using limited amounts of past information. Journal of Econometrics 27, 273-298.
28. Nakamura, A., Nakamura, M., 1985c. On the performance of tests by Wu and by Hausman for detecting the ordinary least squares bias problem. Journal of Econometrics 29, 213-227.
29. Nakamura, A., Nakamura, M., 1992. The econometrics of female labor supply and children. Econometric Reviews 11, 1-71.
30. Nakamura, A., Nakamura, M., 1994. Predicting female labor supply: effects of children and recent work experience. Journal of Human Resources 29, 304-327.
31. Nakamura. A., Nakamura, M., Duleep, H.O., 1990. Alternative approaches to model choice. Journal of Economic Behavior and Organization 14, 97-125.
32. Nakamura, A., Walker, J.R., 1994. Learning from empirical evidence. Journal of Human Resources 29, 223-247.
33. Nakamura, M., Nakamura, A., Cullen, D., 1979. Job opportunities, the offered wage, and the labor supply of married women. American Economic Review 69, 787-805.
34. Pagan, A.R., Jung, Y., 1993. Understanding some failures of instrumental variable estimators, Working paper, Australian National University.
35. Pigou, A.C., 1946. The economics of welfare, 4th ed. Macmillan, London.
36. Revankar, N.S., 1978. Asymptotic relative efficiency analysis of certain tests of independence in a structural system. International Economic Review 19, 165-179.
37. Revankar, N.S., Hartley, M.J., 1973. An independence test and conditional unbiased predictions in the context of simultaneous equation systems. International Economic Review 14, 625-631.
38. Revankar, N.S., Yoshino, N., 1990. An expanded equation approach to weak-endogeneity tests in structural systems and a monetary application. Review of Economics and Statistics 72, 173-177.
39. Reynolds, R.A., 1982. Posterior odds for the hypothesis of independence between stochastic re-gressors and disturbances. International Economic Review 23, 479-490.
40. Robinson, C., Tomes, N., 1985. More on the labour supply of Canadian women. Canadian Journal of Economics 18, 156-163.
41. Schultz, T.P., 1980. Estimating labor supply functions for married women. In: Smith, J. (Ed.), Female labor supply. Princeton University Press, Princeton, NJ, pp. 25-89.
42. Simon, H., 1953. Causal ordering and identifiability. In: Hood and Koopmans, Eds., Studies in Econometric Methods, Wiley, New York, pp. 49-74.
43. Thurman, W.N., 1986. Endogeneity testing in a supply and demand framework. Review of Economics and Statistics 68, 638-646.
44. Tsurumi, H., Shiba, T., 1982. Bayes factor and likelihood ratio interpretation of the F statistics for testing exogeneity. Econometric Society Meetings, New York, December.
45. White, H., 1982. Maximum likelihood estimation of misspecified models. Econometrica 50, 1-25.
46. Wu, D., 1973. Alternative tests of independence between stochastic regressors and disturbances. Econometrica 41, 733-750.
47. Wu, D., 1974. Alternative tests of independence between stochastic regressors and disturbances: finite sample results. Econometrica 42, 529-546.
48. Zellner, A., 1984. Causality and Econometrics. In: Zellner, A. (Ed.), Basic Issues in Econometrics. University of Chicago Press, Chicago, IL, pp. 35-74.