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Using data from the 1988-1996 Current Population Surveys (CPS), we re-examine the evidence presented in Yelowitz (1995) showing that expansions in Medicaid eligibility for children were associated with increased labor force participation and reduced participation in Aid to Families with...
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We show how to recursively calculate analytic first and second derivatives of the likelihood for a popular discrete-choice, dynamic programming model. These allow for decreased computing time, and are useful for de-bugging complicated program code and accurately estimating standard errors.
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