@techreport{3112bb7a53ca42ee88e4aa4b96600823,
title = "The Importance of Sample Attrition in Life Cycle Labor Supply",
abstract = "We examine the importance of possible non-random attrition to an econometric model of life cycle labor supply including joint nonlinear taxation of wage and interest incomes and latent heterogeneity.We use a Wald test comparing attriters to nonattriters and variable addition testing based on formal models of attrition.Results from the Panel Study of Income Dynamics are that non-random panel attrition is of little concern for prime-aged male labor supply estimation because the effect of attrition is absorbed into the fixed effects.Attrition is less econometrically influential than research design decisions typically taken for granted; the wage measure or instrument set has a much greater impact on the estimated labor supply function of prime-aged men than how one includes panel attrition.",
keywords = "panel data, labour supply, econometric models, income tax, GMM",
author = "J.P. Ziliak and T.J. Kniesner",
note = "Pagination: 25",
year = "1996",
language = "English",
volume = "1996-46",
series = "CentER Discussion Paper",
publisher = "Vakgroep CentER",
type = "WorkingPaper",
institution = "Vakgroep CentER",
}