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...

This paper analyzes the process of entry of highly skilled immigrants into the Israeli labor market, using panel data on several cohorts of recent immigrants from the former USSR. The study develops and estimates an on-the-job search model, cast as a finite horizon, discrete choice dynamic...

This paper analyzes the process of entry of highly skilled immigrants into the Israeli labor market, using panel data on several cohorts of recent immigrants from the former USSR. The study develops and estimates an on-the-job search model, cast as a finite horizon, discrete choice dynamic...

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...

This paper develops a simulation estimation algorithm that is particularly useful for estimating dynamic panel data models with unobserved endogenous state variables. The new approach can easily deal with the commonly encountered and widely discussed "initial conditions problem," as well as the...

Two key issues in the literature on female labor supply are: (1) if persistence in employment status is due to unobserved heterogeneity or state dependence, and (2) if fertility is exogenous to labor supply. Until recently, the consensus was that unobserved heterogeneity is very important, and...