Search Results - subject:"Simulated maximum likelihood"

Frijters, Paul; van der Klaauw, Bas - C.E.P.R. Discussion Papers - 2003

distribution. We estimate the structural model with individual data from the German Socio-Economic Panel and use simulated maximum … likelihood. The results show that the presence of significant negative duration dependence in the wage offer distribution causes …

Persistent link: https://www.econbiz.de/10005661892

A Bivariate Count Data Model for Household Tourism Demand

Hellström, Jörgen - Institutionen för Nationalekonomi, Umeå Universitet - 2002

endogenous variables are drawn from a truncated density and estimation is pursued by simulated maximum likelihood. The estimation …

Persistent link: https://www.econbiz.de/10005198008

Modelling Low Income Transitions

Cappellari, Lorenzo; Jenkins, Stephen P. - Institute for the Study of Labor (IZA) - 2002

maximum likelihood methods. The estimates, derived from British panel data for the 1990s, indicate that there is substantial … also be non-random). Our econometric model is a form of endogeneous switching regression, and is fitted using simulated …

Persistent link: https://www.econbiz.de/10005566816

Simulated maximum likelihood estimation in transition models

KAMIONKA, THIERRY - In: Econometrics Journal 1 (1998) ConferenceIssue, pp. 129-129

In this paper we analyse the problem of modelling individual transitions in the presence of an incomplete sampling scheme. This problem is particularly cumbersome when a continuous time-scale is used for the modelling and when the model incorporates unobserved heterogeneity. This problem arises,...

Persistent link: https://www.econbiz.de/10005607084