October 2010
Intermediate to advanced
864 pages
27h 52m
English
Content preview from HANDBOOK OF LABOR ECONOMICS, VOL 4A
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Handbook of Labor Economics, Vol. 4, No. Suppl PA, 2011
ISSN: 1573-4463
doi: 10.1016/S0169-7218(11)00410-2
Chapter 4The Structural Estimation of Behavioral Models: Discrete Choice Dynamic Programming Methods and Applications
Abstract
The purpose of this chapter is twofold: (1) to provide an accessible introduction to the methods of structural estimation of discrete choice dynamic programming (DCDP) models and (2) to survey the contributions of applications of these methods to substantive and policy issues in labor economics. The first part of the chapter describes solution and estimation ...
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