Showing 1 - 10 of 33
We evaluate the German apprenticeship system, which combines on-the-job training with classroom teaching, by modelling individual careers from the choice to join such a scheme and followed by their employment, job to job transitions and wages over the lifecycle. Our data is drawn from...
Persistent link: https://www.econbiz.de/10010275751
The goal of this dissertation is to provide a coherent and computationally feasible basis for the analysis of the dynamics of both housing supply and demand from a microeconomics perspective. The dissertation includes two papers which incorporate unique micro data with new methodological...
Persistent link: https://www.econbiz.de/10009475426
This dissertation considers incentives arising from equilibrium influences that affect the sequence of decisions that lead to family formation. The first chapter examines how state regulations directly aimed at abortion providers affect the market for abortion in the United States. Estimates...
Persistent link: https://www.econbiz.de/10009475467
How does the financial aid allocation mechanism affect student behavior? We provide a framework for quantifying the impact of financial aid on student debt, academic capital, and labor market outcomes. We specify and estimate a dynamic discrete choice model of simultaneous education, work, and...
Persistent link: https://www.econbiz.de/10012039280
This paper develops a structural dynamic retirement model to investigate effects and corresponding underlying mechanisms of a partial retirement program on labor supply, fiscal balances, and the pension income distribution. The structural approach allows for disentangling the two counteracting...
Persistent link: https://www.econbiz.de/10011719358
We provide a general framework for investigating partial identification of structural dynamic discrete choice models and their counterfactuals, along with uniformly valid inference procedures. In doing so, we derive sharp bounds for the model parameters, counterfactual behavior, and...
Persistent link: https://www.econbiz.de/10012621083
This paper considers estimation of a dynamic discrete choice model with second order state dependence in the presence of strictly exogenous time-varying explanatory variables. We propose new method for estimating such models, and a small Monte Carlo study suggests that the method erforms well in...
Persistent link: https://www.econbiz.de/10005440024
Estimation of dynamic games is known to be a numerically challenging task. A common form of the payoff functions employed in practice takes the linear-in-parameter specification. We show a least squares estimator taking a familiar OLS/GLS expression is available in such case. Our proposed...
Persistent link: https://www.econbiz.de/10011185614
This study is devoted to studying households' decisions about moving and about whether to rent or own after moving. It employs dynamic discrete choice models which condition households' decisions on their circumstances at every point in time during the length of the observation while accounting...
Persistent link: https://www.econbiz.de/10005065360
This paper provides a method for estimating large-scale dynamic discrete choice models (in both single- and multi-agent settings) within a continuous time framework. The advantage of working in continuous time is that state changes occur sequentially, rather than simultaneously, avoiding a...
Persistent link: https://www.econbiz.de/10008549048