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conducts a counterfactual analysis. A well-known method for structural estimation of a dynamic discrete choice model is the … of staying/dropout to ensure consistent estimation of the structural parameters. The CCP method is especially easy to … rare, however, ML estimation of the binary logit model may fail due to complete separation. To avoid this problem, this …
Persistent link: https://www.econbiz.de/10015213627
conducts a counterfactual analysis. A well-known method for structural estimation of a dynamic discrete choice model is the … of staying/dropout to ensure consistent estimation of the structural parameters. The CCP method is especially easy to … rare, however, ML estimation of the binary logit model may fail due to complete separation. To avoid this problem, this …
Persistent link: https://www.econbiz.de/10015270490
The necessity of applying Cost Benefit Analysis (CBA) in evaluating the validity of a public transport investment is well recognized by policy makers in recent days. Originating in a sense of this fact, we implement CBA in a new project called Osaka Monorail Saito Linefs extension by applying a...
Persistent link: https://www.econbiz.de/10005773278
In this paper, under the consideration on both local environmental status and transportation network, we implement Cost Benefit Analysis (CBA) for the extension plan of Osaka Monorail Loop-line by applying a Choice Experiment (CE) method. It is estimated that the benefit cost (B/C) ratio is 1.35...
Persistent link: https://www.econbiz.de/10005738153
higher wages tend not to take care of their own parents but instead make larger money transfers to them. These results … suggest that the higher wages of married women induces the substitution of care giving for money transfers to parents, which … may be attributed to the increase in the opportunity cost of care. On the other hand, we find that the high wages of these …
Persistent link: https://www.econbiz.de/10015230023
In recent years, changes in women's lifestyles, and a decline in recreation goods price due to technological progress have been observed in Japan. In this paper, we use Japanese household micro data and examine the effect of recreation goods price on child birth in Japan. We find that the...
Persistent link: https://www.econbiz.de/10015230028
This paper surveys prior papers about married womenfs labor supply theory gDouglas-Arisawafs lawh and considers the … future view of this theory. …
Persistent link: https://www.econbiz.de/10005558184