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Dynamic Discrete Choice Structural Models: A Survey

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Author Info
Victor Aguirregabiria
Pedro mira

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Abstract

This paper reviews methods for the estimation of dynamic discrete choice structural models and discusses related econometric issues. We consider single agent models, competitive equilibrium models and dynamic games. The methods are illustrated with descriptions of empirical studies which have applied these techniques to problems in different areas of economics. Programming codes for the estimation methods are available in a companion web page.

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Paper provided by University of Toronto, Department of Economics in its series Working Papers with number tecipa-297.

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Length: 69 pages
Date of creation: 27 Jul 2007
Date of revision:
Handle: RePEc:tor:tecipa:tecipa-297

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Related research
Keywords: Dynamic structural models; Discrete choice; Estimation methods.;

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Find related papers by JEL classification:
C14 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: General - - - Semiparametric and Nonparametric Methods
C25 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Discrete Regression and Qualitative Choice Models
C61 - Mathematical and Quantitative Methods - - Mathematical Methods and Programming - - - Optimization Techniques; Programming Models; Dynamic Analysis

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  1. Hülya Eraslan & Wenli Li & Pierre-Daniel G. Sarte, 2007. "The anatomy of U.S. personal bankruptcy under Chapter 13," Working Paper 07-05, Federal Reserve Bank of Richmond. [Downloadable!]
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