Soest, Arthur van; Das, Marcel; Gong, Xiaodong - 2000
for estimating models with a richer economic structure, which are often required for policy analysis. This paper presents … supply models, such as non-convex tax rules, benefits, unobserved wages of non-workers, and model coherency. The utility …, even though the second order model is statistically rejected against higher order models. Monte Carlo simulations are used …