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Publikováno v:
In Journal of Economic Dynamics and Control January 2017 74:87-107
We study the design of parental leave systems through the lens of an estimated model of parents’ joint willingness to pay for parental leave. We estimate the model using Danish register data on almost 200,000 births combined with sharp variation in
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=od______1687::f427e4812b64f00bd71c24ed85b1d845
https://hdl.handle.net/10419/235405
https://hdl.handle.net/10419/235405
This paper introduces measures for how each moment contributes to the precision of the parameter estimates in GMM settings. For example, one of the measures asks what would happen to the variance of the parameter estimates if a particular moment was
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=od______1687::48b6b8cd562f437edfee0390732cfe7a
https://hdl.handle.net/10419/211129
https://hdl.handle.net/10419/211129
We present a fast and accurate computational method for solving and estimating a class of dynamic programming models with discrete and continuous choice variables. The solution method we develop for structural estimation extends the en- dogenous grid
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=od______1687::a1eb370838d755649e0d6e43a7748d1c
https://hdl.handle.net/10419/195542
https://hdl.handle.net/10419/195542
Autor:
Jørgensen, Thomas Høgholm
Publikováno v:
Jørgensen, T H 2014 ' Life-Cycle Consumption and Children ' Centre for Applied Microeconometrics. Department of Economics, University of Copenhagen, Kbh. < http://www.econ.ku.dk/cam/wp0910/ >
I show that conventional estimators based on the consumption Euler equation, extensively used in studies of intertemporal consumption behavior, produce inconsistent estimates of the effect of children on consumption if potentially binding credit cons
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=od______2751::68edd5585db4f775087a488dfee5ec46
https://curis.ku.dk/ws/files/100306217/J_rgensen2014.pdf
https://curis.ku.dk/ws/files/100306217/J_rgensen2014.pdf