Monotonicity and the Roy model
|Title:||Monotonicity and the Roy model||Authors:||Chevalier, Arnaud
|Permanent link:||http://hdl.handle.net/10197/1858||Date:||May-2002||Abstract:||In this note we study the implications on a bivariate normal Roy Model of two sets of monotonicity hypotheses proposed recently by Manski and Pepper (2000). In that simple context, we show that these hypotheses imply strong restrictions on the correlations structure between the decision and the rewards.||Type of material:||Working Paper||Publisher:||University College Dublin. Institute for the Study of Social Change (Geary Institute)||Keywords:||Roy Model;Monotonicity conditions||Subject LCSH:||Wages--Effect of education on--Econometric models||Language:||en||Status of Item:||Not peer reviewed|
|Appears in Collections:||Geary Institute Working Papers|
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