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We compare the performance of maximum likelihood (ML) and simulated method of moments (SMM) estimation for dynamic …
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We compare the performance of maximum likelihood (ML) and simulated method of moments (SMM) estimation for dynamic …
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This paper examines an empirical regularity found in many societies: that family influences on the probability of transiting from one grade level to the next diminish at higher levels of education. We examine the statistical model used to establish the empirical regularity and the intuitive...
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