e/Censored regression model

New Query

Information
has glosseng: Censored regression models commonly arise in econometrics in cases where the variable of interest is only observable under certain conditions. A common example is labor supply. Data are frequently available on the hours worked by employees, and a labor supply model estimates the relationship between hours worked and characteristics of employees such as age, education and family status. However, the results of such estimates, undertaken using linear regression will be biased by the fact that for people who are unemployed it is not possible to observe the number of hours they would have worked had they had employment. Still we know age, education and family status for those observations.
lexicalizationeng: Censored regression model
instance ofe/Single equation methods (econometrics)

Query

Word: (case sensitive)
Language: (ISO 639-3 code, e.g. "eng" for English)


Lexvo © 2008-2025 Gerard de Melo.   Contact   Legal Information / Imprint