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Estimation of Dynamic Discrete Choice Models by Maximum Likelihood and the Simulated Method of Moments
We compare the performance of maximum likelihood (ML) and simulated method of moments (SMM) estimation for dynamic discrete choice models. We construct and estimate a simplified dynamic structural model of education that captures some basic features of educational choices in the United States in the...
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| Publicat a: | Int Econ Rev (Philadelphia) |
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| Autors principals: | , , |
| Format: | Artigo |
| Idioma: | Inglês |
| Publicat: |
2015
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| Matèries: | |
| Accés en línia: | https://ncbi.nlm.nih.gov/pmc/articles/PMC4610014/ https://ncbi.nlm.nih.gov/pubmed/26494926 https://ncbi.nlm.nih.govhttp://dx.doi.org/10.1111/iere.12107 |
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