model incorporates consumer exclusion. Assuming a known tariff, we establish identification of the model primitives using …

This paper develops an efficient approach to model and forecast time-series data with an unknown number of change … posterior distribution. An application to Canada inflation time series shows the gains in forecasting precision that our model …

We build a heterogeneous life-cycle model which captures a large number of salient features of individual labor supply …, by education, over the life cycle. The model provides an aggregation theory of individual labor supply, firmly grounded … find that the aggregate labor supply responses in the model are similar to those actually observed in Iceland. …

We build a heterogeneous life-cycle model which captures a large number of salient features of individual labor supply … over the life cycle, by education, both along the intensive and extensive margins. The model provides an aggregation theory …