The objective of this research is to understand the demand for information technology among trucking companies. A multivariate discrete choice model is estimated on data from a large-scale survey of the trucking industry in California. This model is designed to identify the influences of each of...

This paper provides the first joint analysis of household stockholding participation, location among stockholding modes, and participation spillovers. Our model matches observed participation, conditional and unconditional, and asset location patterns. We find that financial sophistication...

We have estimated a 4-step sequential probit model with and without sample separation information to characterize SSA's disability determination process. Under the program provisions, different criteria dictate the outcomes at different steps of the process. We used data on health, activity...