This paper develops a simulation estimation algorithm that is particularly useful for estimating dynamic panel data …

The increasing use of demand-side management as a tool to reliably meet electricity demand at peak time has stimulated … the growing literature on models used to study demand, consumer baseline (CBL) and demand response in the electricity … market. After characterizing the general demand models, it reviews consumer baseline based on which further study the demand …

power. We perform a simulation study and apply the results to a case study where the interest lies in evaluating the effect …

This paper presents a life cycle model for the demand for health, and derives empirical specifications that distinguish … between permanent and transitory wage responses. Using panel data, we estimate dynamic health and health input demand … equations. We find evidence of negative transitory wage effects, and positive permanent effects. Estimation results based on our …

The paper proposes two estimation approaches for duration models that are subject to right censored observations and …

Microeconomic theory predicts that under certain regularity conditions higher idiosyncratic risk increases the … demand for car insurance. ? the effects of increases in labor income risk after 1979 seem to be more than offset by a more …