Showing 1 - 4 of 4
I use economic theory and estimates of a semiparametrically identified structural model to analyze the role played by credit constraints, uncertainty and preferences in explaining college attendance. A methodology for inferring information available to the agent from individual choices is...
Persistent link: https://www.econbiz.de/10010291945
The estimation of production functions suffers from an unresolved identification problem caused by flexible inputs, such as intermediate inputs. We develop an identification strategy for production functions based on a transformation of the firm's short-run first order condition that solves the...
Persistent link: https://www.econbiz.de/10010291962
We study the determinants of youth crime using a dynamic discrete choice model of crime and education. We allow past education and criminal activities to affect current crime and educational decisions. We take advantage of a rich panel dataset on serious juvenile offenders, the Pathways to...
Persistent link: https://www.econbiz.de/10011379995
In this paper, we explore the role of model uncertainty in explaining the different findings in the literature regarding the effect of shall-issue right-to-carry concealed weapons laws on crime. In particular, we systematically examine how different modeling assumptions affect the results. We...
Persistent link: https://www.econbiz.de/10011379999