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st: Mkspline, age classes and probit
Dear all,
I'm fitting a probit/logit model on Italian labour force micro data where
the dependent variable is "female labour market participation" and among the
explicative variables I have age, education level, dummy variables for the
presence of children of various ages, partner's education level and a dummy
for an unemployed partner.
My original idea was to estimate the relevance of cohort effects, but after
2004 (my data date back to 1993) the variable age has not been made
available anymore, if not grouped in 5-year age classes, making it
impossible to create birth cohorts. In order to study the effects of age on
female participation I thought of using age splines, but I'm not sure it
makes sense to build them with age classes. If this is reasonable, would the
interpretation of the estimated coefficients be the standard one of the
probit/logit specification?
Many thanks!
Elena
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