discrete choice model that addresses both unobserved heterogeneity and initial conditions, we found differences in structural …

discrete choice model that addresses both unobserved heterogeneity and initial conditions, we found differences in structural …

We consider a linear panel data model with nonseparable two-way unobserved heterogeneity corresponding to a linear … discrete approximation of the unobserved heterogeneity by (k-means) clustering observations separately across the individual (i …

10 years of labor market experience. Whereas unobserved heterogeneity in the returns is initially uncorrelated with the …

variance of unobserved heterogeneity on both sides of the market. Simulations show the effectiveness of the method. An … application to Portuguese data reveals that the variance of unobserved heterogeneity is one order of magnitude larger for workers …

non-cognitive skills as drivers of these penalties. In contrast, controlling for time-invariant unobserved heterogeneity …