sampling inherent in survey longitudinal data, (3) incorporation of predetermined variables in estimation, and (4 …This chapter presents a unified set of estimation methods for fitting a rich array of models describing dynamic … chapter is motivated by the principle that, whenever possible, estimation methods should rely on routines available in …

are estimated, GMM estimators are almost always used. We examine the validity of using likelihood based estimation in this …

This paper examines the predictive power of different estimation approaches for reservation wages. It applies …. Furthermore, the question of whether or not reservation wages decrease over the unemployment period is addressed. This is done by … a pseudo-panel with known reservation wages which uses data from the German Socio-Economic Panel as a basis. The …

class of indirect inference models. Our smoothing procedure makes use of importance sampling weights in estimation of the … auxiliary model on simulated data. The importance sampling weights are constructed from likelihood contributions implied by the …. We estimate that the difference in wages among prime age women would be approximately 3% higher if the relationship …

class of indirect inference models. Our smoothing procedure makes use of importance sampling weights in estimation of the … auxiliary model on simulated data. The importance sampling weights are constructed from likelihood contributions implied by the …. We estimate that the difference in wages among prime age women would be approximately 3% higher if the relationship …