DISCUSSION

repec.nep.lma

n?u=RePEc:iza:izadps:dp10300&r=lma

Table 6. The selected estimates of the wage equation by the Heckman

selection estimator.

Log of the real wage 0.8711*** [0.0243]

index

Log of hours monthly 0.3519*** [0.0111]

worked at the

primary place

Constant 6.2933*** [0.0716]

rho 0. 2887 [0.0140]

Wald test of chi2(1) = 378.95 ***

independent

equations (rho = 0)

Number of

77016

observations

Censored observations 2540

Uncensored

74476

observations

The dependent variable of the wage equation is log of deflated monthly

monetary earnings received at primary place of work. The observation is

selected if earnings are reported, and not selected if the employed individual

explicitly refuses to declare earnings.

*** Significant at .01 level.

Robust standard errors adjusted for 20628 clusters in individuals are in

brackets.

33

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