Re: st: Murphy-Topel

[Evans Jadotte <evans.jadotte@uab.es>]

Charles Koss wrote:
> In this way you mean?
>
> L  = a+b*R
> R = c+v*M
>
> Charles
>
> On Fri, Dec 25, 2009 at 1:17 AM, Evans Jadotte <evans.jadotte@uab.es> wrote:
>   
> > Charles Koss wrote:
> >     
> > > I do not see how M kicks into the IV tobit? can you further explain
> > >
> > >
> > >
> > >       
> > Ok,
> >
> > What  I want to estimate is the effect of remittances (R) on labor supply -
> > number of hours worked (L). I believe that R is endogenous and is to be
> > instrumented. My instrument is the forecasted migration (M). That is why I
> > think that  not correcting  for the standard errors could be a problem.
> > Thanks for your feedback.
> >
> > Evans
> >
> >
> >
> >     
>
>
>
>   
Partly yes, because Y in my previous mail is a vector that includes M 
(forecasted).

Evans

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