-time jobs). The most common use of these models is the simulation of tax-transfer reforms. The simulation is usually interpreted …Many microeconometric models of discrete labour supply include alternative-specific constants meant to account for … simulation procedure, however, typically keeps fixed the estimated alternative-specific constants. In this note we argue that …

-time jobs). The most common use of these models is the simulation of tax-transfer reforms. The simulation is usually interpreted …Many microeconometric models of discrete labour supply include alternative-specific constants meant to account for … simulation procedure, however, typically keeps fixed the estimated alternative-specific constants. In this note we argue that …

joined the EMU in 1999. The simulation exercise suggests that the independent monetary regime reduced the impact of the …

the European crisis countries back onto a more stable growth path. Using simulation calculations for varying wage setting …

the European crisis countries back onto a more stable growth path. Using simulation calculations for varying wage setting …

simulation exercise is informative about the actual ranking of various estimators when applied to a particular problem. We …