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The Identification and Economic Content of Ordered Choice Models with Stochastic Thresholds

Cunha, Flávio - 2008

This paper extends the widely used ordered choice model by introducing stochastic thresholds and interval-specific outcomes. The model can be interpreted as a generalization of the GAFT (MPH) framework for discrete duration data that jointly models durations and outcomes associated with...

Persistent link: https://www.econbiz.de/10012773457

Bayesian Procedures as a Numerical Tool for the Estimation of Dynamic Discrete Choice Models

Haan, Peter - 2012

Dynamic discrete choice models usually require a general specification of unobserved heterogeneity. In this paper, we … with a multivariate normal distribution for the unobserved heterogeneity, the Bayesian MCMC estimator yields almost … assumptions which are consistent with economic theory, e.g. log-normally distributed consumption preferences, the Bayesian method …

Persistent link: https://www.econbiz.de/10013106296

Infections, Accidents and Nursing Overtime in a Neonatal Intensive Care Unit : A Bayesian Semiparametric Panel Data Logit Model

Beltempo, Marc - 2020

The paper investigates the effects of nursing overtime on nosocomial infections and medical accidents in a neonatal intensive care unit (NICU). The literature lacks clear evidence on this issue and we conjecture that this may be due to empirical and methodological factors. We thus focus on a...

Persistent link: https://www.econbiz.de/10012838501

The Quantity and Quality of Children : A Semi-Parametric Bayesian IV Approach

Fruhwirth-Schnatter, Sylvia - 2014

Prior empirical research on the theoretically proposed interaction between the quantity and the quality of children builds on exogenous variation in family size due to twin births and focuses on human capital outcomes. The typical finding can be described as a statistically nonsignificant...

Persistent link: https://www.econbiz.de/10013057041

Flexible Labor Supply Models

Bargain, Olivier - 2009

Discrete-choice models of labor supply have become very popular for ex ante evaluations of policy reforms as they easily account for non-convex budget sets. We test the constraints imposed in practice on these models and suggest a fully flexible model that significantly improves fit

Persistent link: https://www.econbiz.de/10013158063

Pregibit : A Family of Discrete Choice Models

Vijverberg, Chu-ping C. - 2012

The pregibit discrete choice model is built on a distribution that allows symmetry or asymmetry and thick tails, thin tails or no tails. Thus the model is much richer than the traditional models that are typically used to study behavior that generates discrete choice outcomes. Pregibit nests...

Persistent link: https://www.econbiz.de/10013110189

Returns to Education : The Causal Effects of Education on Earnings, Health and Smoking

Heckman, James J. - 2016

-relevant dynamic treatment effects that account for heterogeneity in cognitive and non-cognitive skills and the continuation values of …

Persistent link: https://www.econbiz.de/10012990853

Do Financial Incentives Influence Gps' Decisions to Do After-Hours Work? A Discrete Choice Labour Supply Model

Broadway, Barbara - 2016

This paper analyses doctors' supply of after-hours care, and how it is affected by personal and family circumstances as well as the earnings structure. We use detailed survey data from a large sample of Australian General Practitioners to estimate a structural, discrete-choice model of labour...

Persistent link: https://www.econbiz.de/10012992743

Informal versus Formal Search : Which Yields a Better Pay?

Tumen, Semih - 2016

effects and (ii) unobserved worker heterogeneity in terms of the inherent cost of maintaining connections within a productive … informal network. The model predicts that a greater degree of unobserved heterogeneity tilts the estimates toward producing a … contact methods and wage offers requires a careful assessment of the unobserved heterogeneity and peer influences in the …

Persistent link: https://www.econbiz.de/10013002446

Calibration and IV Estimation of a Wage Outcome Equation in a Dynamic Environment

Belzil, Christian - 2008

We consider an artificial population of forward looking heterogeneous agents making decisions between schooling, employment, employment with training and household production, according to a behavioral model calibrated to a large set of stylized facts. Some of these agents are subject to policy...

Persistent link: https://www.econbiz.de/10012771637