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Title: Missing Data and Self-Selection in Large Panels
Resulting in 1 citation.
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Griliches, Zvi Hall, Bronwyn H. Hausman, Jerry A. |
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Missing Data and Self-Selection in Large Panels Annales de l'INSEE 30-31 (April-September 1978): 137-176. Also: http://www.jstor.org/stable/20075289 Cohort(s): Young Men Publisher: INSEE (Institut National de la Statistique et des Etudes Economiques) Keyword(s): Educational Returns; Research Methodology Permission to reprint the abstract has not been received from the publisher. Two problems which occur in analyzing large panels of cross section data are considered: missing data and self- selection. In the case of randomly missing data, using only the complete data subsample results in unbiased but inefficient estimates. We demonstrate that in large panels the efficiency gains from using efficient methods are likely to be quite small. For non-random missing data, we present a methodology which corrects for the bias which occurs if only the complete data subsample is used. Lastly, we formulate and estimate a model where the missing data arises from self-selection in the decision to remain in school. Using the NLS of Young Men, we find that accounting for self-selection increases the estimated returns to schooling by 50%. |
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Bibliography Citation
Griliches, Zvi, Bronwyn H. Hall and Jerry A. Hausman. "Missing Data and Self-Selection in Large Panels." Annales de l'INSEE 30-31 (April-September 1978): 137-176.
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