Unrestricted reduced form vector autoregressive (VAR) models have become a dominant research strategy in empirical … dimensionality. In this paper we propose general-to-specific reductions of VAR models and consider computer-automated model selection …

Correction Models. The algorithm automates testing the cointegration rank of the system and performs simplifications based on …

family-specific health endowments. All of the studies have assumed, however, that fertility itself is unrelated to either … fertility choice that explicitly incorporates the smoking decision, allowing for its addictive nature, and the birth weight … cohort. In addition to obtaining estimates of the birth weight production function that account for fertility choice, the …

One of the important determinants of fertility behavior is the value (cost and benefits) of children as perceived by … birth order using a dynamic programming model. The underlying hypothesis is that the observed fertility outcome of parents …

these types of stochastic dynamic programming models to account for the fact that individuals use some of their available … characterize job search as an important issue to consider for older individuals. Also, we explore through binary choice models, the …