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Estimation of dynamic discrete choice models by maximum likelihood and the simulated method of moments
Eisenhauer, Philipp
;
Heckman, James J.
;
Mosso, Stefano
-
2014
We compare the performance of maximum likelihood (ML) and simulated method of moments (SMM) estimation for dynamic discrete choice models. We construct and estimate a simplified dynamic structural model of education that captures some basic features of educational choices in the United States in...
Persistent link: https://www.econbiz.de/10010418037
Saved in:
2
Estimation of Dynamic Discrete Choice Models by Maximum Likelihood and the Simulated Method of Moments
Eisenhauer, Philipp
-
2014
We compare the performance of maximum likelihood (ML) and simulated method of moments (SMM) estimation for dynamic discrete choice models. We construct and estimate a simplified dynamic structural model of education that captures some basic features of educational choices in the United States in...
Persistent link: https://www.econbiz.de/10013045058
Saved in:
3
The Effect of Schooling and Ability on Achievement Test Scores
Hansen, Karsten T.
;
Heckman, James J.
;
Mullen, Kathleen J.
-
Institute for the Study of Labor (IZA)
-
2003
This paper develops two methods for estimating the effect of schooling on achievement test scores that control for the endogeneity of schooling by postulating that both schooling and test scores are generated by a common unobserved latent ability. These methods are applied to data on schooling...
Persistent link: https://www.econbiz.de/10005822092
Saved in:
4
Estimation of Dynamic Discrete Choice Models by Maximum Likelihood and the Simulated Method of Moments
Eisenhauer, Phillipp
;
Heckman, James J.
;
Mosso, Stefano
-
National Bureau of Economic Research (NBER)
-
2014
We compare the performance of maximum likelihood (ML) and simulated method of moments (SMM) estimation for dynamic discrete choice models. We construct and estimate a simplified dynamic structural model of education that captures some basic features of educational choices in the United States in...
Persistent link: https://www.econbiz.de/10010951297
Saved in:
5
Estimation of Dynamic Discrete Choice Models by Maximum Likelihood and the Simulated Method of Moments
Eisenhauer, Philipp
;
Heckman, James J.
;
Mosso, Stefano
-
Institute for the Study of Labor (IZA)
-
2014
We compare the performance of maximum likelihood (ML) and simulated method of moments (SMM) estimation for dynamic discrete choice models. We construct and estimate a simplified dynamic structural model of education that captures some basic features of educational choices in the United States in...
Persistent link: https://www.econbiz.de/10010959620
Saved in:
6
Estimation of Dynamic Discrete Choice Models by Maximum Likelihood and the Simulated Method of Moments
Eisenhauer, Philipp
;
Heckman, James J.
;
Mosso, Stefano
-
2014
We compare the performance of maximum likelihood (ML) and simulated method of moments (SMM) estimation for dynamic discrete choice models. We construct and estimate a simplified dynamic structural model of education that captures some basic features of educational choices in the United States in...
Persistent link: https://www.econbiz.de/10010435270
Saved in:
7
The Effect of Schooling and Ability on Achievement Test Scores
Hansen, Karsten
;
Heckman, James J.
;
Mullen, Kathleen J.
-
National Bureau of Economic Research (NBER)
-
2003
This paper develops two methods for estimating the effect of schooling on achievement test scores that control for the endogeneity of schooling by postulating that both schooling and test scores are generated by a common unobserved latent ability. These methods are applied to data on schooling...
Persistent link: https://www.econbiz.de/10005084934
Saved in:
8
The effect of schooling and ability on achievement test scores
Hansen, Karsten T.
;
Heckman, James J.
;
Mullen, Kathleen J.
-
2003
This paper develops two methods for estimating the effect of schooling on achievement test scores that control for endogeneity of schooling by postulating that both schooling and test scores are generated by a common unobserved latent ability. These methods are applied to data on schooling and...
Persistent link: https://www.econbiz.de/10011573529
Saved in:
9
The Effect of Schooling and Ability on Achievement Test Scores
Hansen, Karsten T.
;
Heckman, James J.
;
Mullen, Kathleen J.
-
2021
This paper develops two methods for estimating the effect of schooling on achievement test scores that control for the endogeneity of schooling by postulating that both schooling and test scores are generated by a common unobserved latent ability. These methods are applied to data on schooling...
Persistent link: https://www.econbiz.de/10013319826
Saved in:
10
The GED
Heckman, James J.
;
Humphries, John Eric
;
Mader, Nicholas S.
-
2010
induces some students to drop out of school. The GED program is unique to the United States and
Canada
, but provides policy …
Persistent link: https://www.econbiz.de/10003969747
Saved in:
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