The coefficients of selection bias correction models will automatically correct for any selection bias if the
A) selection model is estimated before the prediction model
B) prediction model is estimated before the selection model
C) the selection and prediction models are estimated jointly
D) population standard deviation is known

Question

Quizplus · Accepted Answer

By estimating the two equations jointly,the Heckman model automatically corrects for any bias.

The Coefficients of Selection Bias Correction Models Will Automatically Correct