Two tests for strict exogeneity in a correlated random effects panel data Tobit model
Preparing for Retirement: Tailoring, Literacy and Effective Pension Communication
Academic Paper
3 March 2016
This paper presents two tests for strict exogeneity of the covariates in a correlated random effects panel data Tobit model. The tests are applied in an analysis of hours of work of US women. Estimation procedures when a model does not pass a test for strict exogeneity are discussed.
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