[eng] Our descriptive analysis characterizes the changes of wage mobility in France between 1967 and 1987. Mobility has strongly decreased under the period. This result is robust. As in the United States, the probability to remain in each decile has increased, in particular at the bottom end of...

We develop a simulation based approach that can determine whether the semiparametric efficiency bound of a dynamic discrete choice model with fixed effects is zero or not. We illustrate the usefulness of our approach by considering a simplified version of Keane and Wolpin's (1997) model, where...

We present a dynamic model of individuals' educational investments that allows us to explore alternative modeling strategies for forecasting future wage distributions. The key innovation we propose is an approach to forecasting that relies only on the information that would be available at the...

This paper introduces an alternative estimator for the linear censored quantile regression model. The estimator also applies to cases where the censoring point is unknown. Since the objective function is globally convex and the estimator is a solution to a linear programming problem, a global...