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Moment Estimation with Attrition / John M. Abowd, Bruno Crepon, Francis Kramarz.

NBER Working papers Available online

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Format:
Book
Author/Creator:
Abowd, John M.
Contributor:
National Bureau of Economic Research.
Crepon, Bruno.
Kramarz, Francis.
Series:
Technical Working Paper Series (National Bureau of Economic Research) no. t0214.
NBER technical working paper series no. t0214
Language:
English
Physical Description:
1 online resource: illustrations (black and white);
Place of Publication:
Cambridge, Mass. National Bureau of Economic Research 1997.
Summary:
We present a method that accommodates missing data in longitudinal datasets of the type usually encountered in economic and social applications. The technique uses various extensions of missing at random' assumptions that we customize for dynamic models. Our method, applicable to longitudinal data on persons or firms, is implemented using the Generalized Method of Moments with reweighting that appropriately corrects for the attrition bias caused by the missing data. We apply the method to the estimation of dynamic labor demand models. The results demonstrate that the correction is extremely important.
Notes:
Print version record
August 1997.

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