Troske, Kenneth; Voicu, Alexandru - Institute for the Study of Labor (IZA) - 2009
, endogenous fertility decisions,
heterogeneous children effects, multinomial probit model, Gibbs sampler
Corresponding …-
resented by a dynamic probit model, are jointly modeled in a mixed-effects simultaneous equation
framework. Correlated … correlation of sequential labor market decisions.
Sequential labor market decisions are represented by a multinomial probit model …