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Federal Reserve Bank of Chicago
Working Paper Series
Identification of models of the labor market
Eric French
Christopher Taber
Abstract

This chapter discusses identification of common selection models of the labor market. We start with the classic Roy model and show how it can be identified with exclusion restrictions. We then extend the argument to the generalized Roy model, treatment effect models, duration models, search models, and dynamic discrete choice models. In all cases, key ingredients for identification are exclusion restrictions and support conditions.


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Eric French & Christopher Taber, Identification of models of the labor market, Federal Reserve Bank of Chicago, Working Paper Series WP-2010-08, 2010.
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Keywords: Labor market
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