Abstract
We examine the importance of possible nonrandom attrition to an econometric model of life cycle labor supply using both a Wald test comparing attriters to nonattriters and variable addition tests based on formal models of attrition. Estimates using the Panel Study of Income Dynamics show that nonrandom attrition is of little concern when estimating primeage male labor supply because the effect of attrition is absorbed into fixed effects in labor supply. The wage measure and instrument set have much larger effects on the estimated labor supply function of prime-age men than how one adjusts for panel attrition.
| Original language | English |
|---|---|
| Pages (from-to) | 527-530 |
| Number of pages | 4 |
| Journal | Journal of Human Resources |
| Volume | 33 |
| Issue number | 2 |
| DOIs | |
| State | Published - 1998 |
ASJC Scopus subject areas
- Economics and Econometrics
- Strategy and Management
- Organizational Behavior and Human Resource Management
- Management of Technology and Innovation