Showing 1 - 10 of 963
This paper develops dynamic structural models - an option value model and a dynamic programming model - of the Social Security Disability Insurance (SSDI) application timing decision. We estimate the time to application from the point at which a health condition first begins to affect the kind...
Persistent link: https://www.econbiz.de/10010261643
This paper develops dynamic structural models - an option value model and a dynamic programming model - of the Social Security Disability Insurance (SSDI) application timing decision. We estimate the time to application from the point at which a health condition first begins to affect the kind...
Persistent link: https://www.econbiz.de/10005233787
A review of the basic theory of optimal open-source software contributions points to three keyfactors affecting supply: non-pecuniary benefits, future expected monetary returns, and opensourcelicence type...
Persistent link: https://www.econbiz.de/10005861202
A review of the basic theory of optimal open-source software contributions points to three key factors affecting supply: non-pecuniary benefits, future expected monetary returns, and open-source licence type. This paper argues that existing large-scale software developer surveys are inadequate...
Persistent link: https://www.econbiz.de/10010268441
This paper estimates the economic and non-economic returns to volunteering for prime-aged women. A woman's decision to engage in unpaid work, and to marry and have children, is formulated as a forward-looking discrete choice dynamic programming problem. Simulated maximum likelihood estimates of...
Persistent link: https://www.econbiz.de/10010287603
A review of the basic theory of optimal open-source software contributions points to three key factors affecting supply: non-pecuniary benefits, future expected monetary returns, and opensource licence type. This paper argues that existing large-scale software developer surveys are inadequate...
Persistent link: https://www.econbiz.de/10005822953
This paper estimates the economic and non-economic returns to volunteering for prime-aged women. A woman's decision to engage in unpaid work, and to marry and have children, is formulated as a forward-looking discrete choice dynamic programming problem. Simulated maximum likelihood estimates of...
Persistent link: https://www.econbiz.de/10011252286
How much does society value redistribution? The common method to derive inverse-optimum welfare weights is by inverting an optimal-tax model. Our alternative imposes fewer restrictions on labor supply and enables comparisons across household types. We use a structural labor supply model to...
Persistent link: https://www.econbiz.de/10015210893
Natural experiments provide explicit and robust identifying assumptions for the estimation of treatment effects. Yet their use for policy design is often limited by the difficulty in extrapolating on the basis of reduced-form estimates of policy effects. On the contrary, structural models allow...
Persistent link: https://www.econbiz.de/10010319527
The 2021 Child Tax Credit (CTC) expansion increased government benefits to families, and especially to families with the lowest incomes. Economic theory predicts that this policy intervention would have led to a reduction in labor supply among adults in those families. Our review of available...
Persistent link: https://www.econbiz.de/10015045474