there is enough cross-sectional variation of the observed states.

Increasingly, grade retention is viewed as an important alternative to social promotion, yet evidence to date is unable to disentangle how the effect of grade retention varies by abilities and over time. The key challenge is differential selection of students into retention across grades and by...

I use economic theory and estimates of a semiparametrically identied structural model to analyze the role played by credit constraints, uncertainty and preferences in explaining college attendance. A methodology for inferring information available to the agent from individual choices is proposed...

Increasingly, grade retention is viewed as an important alternative to social promotion, yet evidence to date is unable to disentangle how the effect of grade retention varies by abilities and over time. The key challenge is differential selection of students into retention across grades and by...

We describe identification conditions for dynamic discrete choice models that include unobserved state variables that are correlated across individuals and across time periods. The proposed framework extends the standard literature on the structural estimation of dynamic models by incorporating...