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...

The subject of the present thesis is to apply microeconometrictechniques to labor economics and criminal behavior. There are twoindependent chapters. The aim of chapter one is to build andestimate an econometric model of recidivism for the United Statesusing data set of released prisoners from...

We observe a very distinct pattern of entry and exit in the oil industry. Significant numbers of well openings and closings are only observed during periods of very high oil prices and very low oil prices, respectively. A band of inaction lies between the high entry and the low exit price....