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of retirement among women aged 55-69, and the proportion of workers aged 25-34 working part-year and/or part-time. The …/or part-time – between career and retirement. It has been demonstrated in earlier studies that older women – especially those … in lower-wage jobs – often seek such bridge jobs before retirement. And in many cases these bridge jobs are not in the …
Persistent link: https://www.econbiz.de/10003929119
retirement among men aged 55-69, and the proportion of workers aged 25-34 working part-year and/or part-time. The latter was an … career and retirement. It has been demonstrated in a series of studies that a large proportion (as many as two-thirds) of … older men – especially those in lower-wage jobs – seek such bridge jobs before retirement. And in many cases these bridge …
Persistent link: https://www.econbiz.de/10003929123
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Our goal in this chapter is to explain concretely how to implement simulation methods in a very general class of models that are extremely useful in applied work: dynamic discrete choice models where one has available a panel of multinomial choice histories and partially observed payoffs....
Persistent link: https://www.econbiz.de/10011260171
Simulation estimation in the context of panel data, limited dependent-variable (LDV) models poses formidable problems that are not present in the crosssection case. Nevertheless, a number of practical simulation estimation methods have been proposed and implemented for panel data LDV models....
Persistent link: https://www.econbiz.de/10011112867
Internal market structure analysis infers both brand attributes and consumer preferences for those attributes from preference or choice data. The authors exploit a new method for estimating probit models from panel data to infer market structures that can be displayed in few dimensions, even...
Persistent link: https://www.econbiz.de/10011113209
individuals' employment, retirement and consumption decisions. Our modeling approach allows life expectancy and the nature of the … public pension system to influence the decisions of forward-looking individuals planning for retirement. We calculate that …, increasing the full pensionable age generates the largest responses in labor supply and retirement behavior. …
Persistent link: https://www.econbiz.de/10011112153
We develop a model of household demand for frequently purchased consumer goods that are branded, storable and subject to stochastic price fluctuations. Our framework accounts for how inventories and expectations of future prices affect current period purchase decisions. We estimate our model...
Persistent link: https://www.econbiz.de/10011257829