Cram et al. (2009) argued that conditional logit regression could produce better regression results than ordinary logit regression when applied to matched samples. But their evidence of conditional logit regression's advantages over ordinary logit regression is not statistically robust, for they...

After several major financial scandals, mandatory auditor rotation was raised as a measure to improve the auditor independence. For regulators who are to set mandatory rotation limit need detailed information about the turning points of the inverted U-shaped relationship between audit quality...

The first chapter of my thesis develops and estimates a dynamic structural partial equilibrium model of schooling and work decisions.  The estimated model explicitly accounts for the simultaneous choice of enrolling in school and working.  It also allows for endogenous leisure choices,...

We develop a powerful and user-friendly program for numerically solving first price auction problems where an arbitrary number of bidders draw independent valuations from heterogenous distributions and the auctioneer imposes a reserve price for the object. The heterogeneity in this model arises...

This paper investigates conditional choice probability estimation of dynamic structural discrete and continuous choice models. I extend the concept of finite dependence in a way that accommodates non-stationary, irreducible transition probabilities. I show that under this new definition of...

An increasing number of longitudinal data sets collect expectations information regarding a variety of future individual level events and decisions, providing researchers with the opportunity to explore expectations over micro variables in detail. We provide a theoretical framework and an...

This paper investigates the process by which a cohort of males accumulate human capital via formal education and labor market participation. I use all available annual waves of the 1979 youth cohort of the National Longitudinal Survey of Labor Market Experience (NLSY79) to estimate a dynamic...

An increasing number of longitudinal data sets collect expectations information regarding a variety of future individual level events and decisions, providing researchers with the opportunity to explore expectations over micro variables in detail. We present a theoretical framework and an...