This analysis is concerned with the determinants of panel attrition from the Panel Study of Income Dynamics and with its consequences for estimation of dynamic behavioral models which exploit the panel or longitudinal information-household income dynamics, marriage formation and dissolution, and...

This research addresses the effect of prescription drug insurance coverage on the use and expenditures for prescription medications in the elderly.

To forecast accurately the welfare gains and effects on demand from introducing seasonal electricity rates, we use a variable response model with data from the Los Angeles Electricity Rate Study. The model exploits the time series and cross sectional variation in the data and permits...

The purpose of this paper is to consider human capital models of earning behavior over an individual lifetime. A general class of life cycle models relating to individual earnings behavior is developed by considering alternative formulation of the basic Ben- Porath type model. An explicit...

The purpose of this paper is to outline a set of conditions under which human wealth is an index of well-being in a life cycle as prefatory to empirical estimates earnings and human wealth distributions for the1960 Census population.

This paper is concerned with the growth of individual earnings over time. Four aspects of time are distinguished: experience, age, vintage and calendar year. The first section of the paper provides a brief outline of a theory of planned growth in earnings. The second and main section of the...

The objective of this research is to further our understanding of how and why individuals enter and leave coresidential relationships. We develop and estimate an economic model of nonmarital cohabitation, marriage, and divorce that is consistent with current data on the formation and dissolution...