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This paper develops a simulation estimation algorithm that is particularly useful for estimating dynamic panel data …
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subsidy for home care paid to the parents be defined, in budgetary or in welfare terms, and what does simulation tell us about … the distribution of benefits between the generations? We address these issues analytically and with simulation (using data …
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In this paper we develop a quantitative model of entrepreneurial activity (risk-taking) and consumer bankruptcy choices and use the model to study the effects of bankruptcy regulations on entrepreneurial activity, bankruptcy rate and welfare. We show that eliminating bankruptcy exemptions leads...
Persistent link: https://www.econbiz.de/10010279897