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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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| Publicado no: | Int Econ Rev (Philadelphia) |
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| Main Authors: | , , |
| Formato: | Artigo |
| Idioma: | Inglês |
| Publicado em: |
2015
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| Assuntos: | |
| Acesso em linha: | 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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