Estimation and specification testing in female labor participation models: parametric and semiparametric methods
用参数和半参数方法估计西班牙女性劳动参与模型，并检验了常用的probit和logit模型中的分布假设和同方差假设，发现结果对模型设定很敏感。
Female labor participation models have been usually studied through probit and logit specifications. Little attention has been paid to verify the assumptions that are used in these sort of models, basically distributional assumptions and homoskedasticity. In this paper we apply semiparametirc methods in order to test the previous hypothesis. We also estimate a Spanish female labor participation model using both parametric and semiparametirc approaches. The parametirc model includes fixed and random coefficients probit specification. The estimation procedures are parametric maximum likelihood for both probit and logit models, and semiparametric quasi maximum likelihood following Klein and Spady (1993). The results depend cricially in the assumed model.