This paper presents the construction of a particle filter, which incorporates elements inspired by genetic algorithms, in order to achieve accelerated adaptation of the estimated posterior distribution to changes in model parameters. Specifically, the filter is designed for the situation where...

This paper presents the construction of a particle filter, which incorporates elements inspired by genetic algorithms, in order to achieve accelerated adaptation of the estimated posterior distribution to changes in model parameters. Specifically, the filter is designed for the situation where...

This paper explains the gender differences in self-assessed health status by providing a theoretical identification mechanism through a dynamic structural model which allows for heterogeneity in discount factors of individuals. Theoretical predictions are empirically tested and estimation...