Private Wealth Over the Life Cycle: A Meeting Between Microsimulation and Structural Approaches
Author
Abstract
Suggested Citation
DOI: 10.1111/roiw.12697
Note: View the original document on HAL open archive server: https://hal.science/hal-04799408v1
Download full text from publisher
References listed on IDEAS
- McFadden, Daniel, 1989.
"A Method of Simulated Moments for Estimation of Discrete Response Models without Numerical Integration,"
Econometrica, Econometric Society, vol. 57(5), pages 995-1026, September.
- Daniel McFadden, 1987. "A Method of Simulated Moments for Estimation of Discrete Response Models Without Numerical Integration," Working papers 464, Massachusetts Institute of Technology (MIT), Department of Economics.
- Nicolas Frémeaux & Marion Leturcq, 2019. "Individualisation du patrimoine au sein des couples : quels enjeux pour la fiscalité ?," Revue de l'OFCE, Presses de Sciences-Po, vol. 0(1), pages 145-175.
- Gourieroux, Christian & Monfort, Alain, 1993. "Simulation-based inference : A survey with special reference to panel data models," Journal of Econometrics, Elsevier, vol. 59(1-2), pages 5-33, September.
- Stock, James H & Wise, David A, 1990.
"Pensions, the Option Value of Work, and Retirement,"
Econometrica, Econometric Society, vol. 58(5), pages 1151-1180, September.
- James H. Stock & David A. Wise, 1988. "Pensions, The Option Value of Work, and Retirement," NBER Working Papers 2686, National Bureau of Economic Research, Inc.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Xiaodong Gong & Arthur van Soest, 2002.
"Family Structure and Female Labor Supply in Mexico City,"
Journal of Human Resources, University of Wisconsin Press, vol. 37(1), pages 163-191.
- Gong, X. & van Soest, A.H.O., 1997. "Family Structure and Female Labour Supply in Mexico City," Discussion Paper 1997-114, Tilburg University, Center for Economic Research.
- Gong, X. & van Soest, A.H.O., 1997. "Family Structure and Female Labour Supply in Mexico City," Other publications TiSEM f3c2f2f4-afdb-40fe-a76c-4, Tilburg University, School of Economics and Management.
- Gong, Xiaodong & van Soest, Arthur, 2000. "Family Structure and Female Labour Supply in Mexico City," IZA Discussion Papers 214, Institute of Labor Economics (IZA).
- Geweke, John F. & Keane, Michael P. & Runkle, David E., 1997.
"Statistical inference in the multinomial multiperiod probit model,"
Journal of Econometrics, Elsevier, vol. 80(1), pages 125-165, September.
- John Geweke & Michael P. Keane & David E. Runkle, 1994. "Statistical inference in the multinomial multiperiod probit model," Staff Report 177, Federal Reserve Bank of Minneapolis.
- Ghysels, E. & Harvey, A. & Renault, E., 1995.
"Stochastic Volatility,"
Papers
95.400, Toulouse - GREMAQ.
- Ghysels, E. & Harvey, A. & Renault, E., 1996. "Stochastic Volatility," Cahiers de recherche 9613, Centre interuniversitaire de recherche en économie quantitative, CIREQ.
- GHYSELS, Eric & HARVEY, Andrew & RENAULT, Eric, 1995. "Stochastic Volatility," LIDAM Discussion Papers CORE 1995069, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Ghysels, E. & Harvey, A. & Renault, E., 1996. "Stochastic Volatility," Cahiers de recherche 9613, Universite de Montreal, Departement de sciences economiques.
- Eric Ghysels & Andrew Harvey & Eric Renault, 1995. "Stochastic Volatility," CIRANO Working Papers 95s-49, CIRANO.
- Orme, Chris, 1995. "Simulated conditional moment tests," Economics Letters, Elsevier, vol. 49(3), pages 239-245, September.
- Heng Z. Chen & Frank Lupi & John P. Hoehn, 1999.
"An Empirical Assessment of Multinomial Probit and Logit Models for Recreation Demand,"
Chapters, in: Joseph A. Herriges & Catherine L. Kling (ed.), Valuing Recreation and the Environment, chapter 5, pages 141-162,
Edward Elgar Publishing.
- Chen, Heng Z. & Lupi, Frank & Hoehn, John P., 1997. "An Empirical Assessment of Multinomial Probit and Logit Models for Recreation Demand," Staff Paper Series 201216, Michigan State University, Department of Agricultural, Food, and Resource Economics.
- Liesenfeld, Roman & Breitung, Jörg, 1998.
"Simulation based methods of moments in empirical finance,"
Tübinger Diskussionsbeiträge
136, University of Tübingen, School of Business and Economics.
- Liesenfeld, Roman & Breitung, Jörg, 1998. "Simulation based methods of moments in empirical finance," SFB 373 Discussion Papers 1998,59, Humboldt University of Berlin, Interdisciplinary Research Project 373: Quantification and Simulation of Economic Processes.
- Breitung, Jörg & Lechner, Michael, 1998. "Alternative GMM methods for nonlinear panel data models," SFB 373 Discussion Papers 1998,81, Humboldt University of Berlin, Interdisciplinary Research Project 373: Quantification and Simulation of Economic Processes.
- Peter J. Veazie & Shubing Cai, 2015. "Least Squared Simulated Errors," SAGE Open, , vol. 5(1), pages 21582440155, March.
- Lee, Lung-Fei, 1997.
"Simulated maximum likelihood estimation of dynamic discrete choice statistical models some Monte Carlo results,"
Journal of Econometrics, Elsevier, vol. 82(1), pages 1-35.
- Lee, L.F., 1994. "Simulated Maximum Likelihood Estimation of Dynamic Discrete Choice Statistical Models--Some Monte Carlo Results," Papers 94-06, Michigan - Center for Research on Economic & Social Theory.
- Train, Kenneth, 2016. "Mixed logit with a flexible mixing distribution," Journal of choice modelling, Elsevier, vol. 19(C), pages 40-53.
- Keane, Michael P & Wolpin, Kenneth I, 1994.
"The Solution and Estimation of Discrete Choice Dynamic Programming Models by Simulation and Interpolation: Monte Carlo Evidence,"
The Review of Economics and Statistics, MIT Press, vol. 76(4), pages 648-672, November.
- Michael P. Keane & Kenneth I. Wolpin, 1994. "The solution and estimation of discrete choice dynamic programming models by simulation and interpolation: Monte Carlo evidence," Staff Report 181, Federal Reserve Bank of Minneapolis.
- Victor Aguirregabiria & Arvind Magesan, 2013.
"Euler Equations for the Estimation of Dynamic Discrete Choice Structural Models,"
Advances in Econometrics, in: Structural Econometric Models, volume 31, pages 3-44,
Emerald Group Publishing Limited.
- Victor Aguirregabiria & Arvind Magesan, 2013. "Euler Equations for the Estimation of Dynamic Discrete Choice Structural Models," Working Papers tecipa-489, University of Toronto, Department of Economics.
- Inkmann, Joachim, 2000.
"Misspecified heteroskedasticity in the panel probit model: A small sample comparison of GMM and SML estimators,"
Journal of Econometrics, Elsevier, vol. 97(2), pages 227-259, August.
- Inkmann, Joachim, 1999. "Misspecified heteroskedasticity in the panel probit model: A small sample comparison of GMM and SML estimators," CoFE Discussion Papers 99/04, University of Konstanz, Center of Finance and Econometrics (CoFE).
- Joachim Inkmann, 1999. "Misspecified heteroskedasticity in the panel probit model: A small sample comparison of GMM and SML estimators," Finance 9904003, University Library of Munich, Germany.
- Heinz König & Michael Lechner, 1994.
"Some Recent Developments in Microeconometrics - A Survey,"
Swiss Journal of Economics and Statistics (SJES), Swiss Society of Economics and Statistics (SSES), vol. 130(III), pages 299-331, September.
- König, Heinz & Lechner, Michael, 1994. "Some recent developments in microeconometrics: A survey," ZEW Discussion Papers 94-12, ZEW - Leibniz Centre for European Economic Research.
- Jean-Francois Richard, 2007. "Efficient High-Dimensional Importance Sampling," Working Paper 321, Department of Economics, University of Pittsburgh, revised Jan 2007.
- Sheng-Kai Chang, 2014. "Simulation Estimation of Dynamic Panel Discrete Choice Models Using the $$t$$ t Distributions," Computational Economics, Springer;Society for Computational Economics, vol. 43(4), pages 395-409, April.
- Dennis Epple & Thomas Romer & Holger Sieg, 1999. "The Tiebout Hypothesis and Majority Rule: An Empirical Analysis," NBER Working Papers 6977, National Bureau of Economic Research, Inc.
- Jack Britton & Ben Waltmann, 2021. "Revisiting the solution of dynamic discrete choice models: time to bring back Keane and Wolpin (1994)?," IFS Working Papers W21/13, Institute for Fiscal Studies.
- Lee, Lung-fei, 1999. "Estimation of dynamic and ARCH Tobit models," Journal of Econometrics, Elsevier, vol. 92(2), pages 355-390, October.
- Andreas Ziegler, 2007. "Simulated classical tests in multinomial probit models," Statistical Papers, Springer, vol. 48(4), pages 655-681, October.
More about this item
Keywords
Microsimulation; Intertemporal Consumer Choice; Life-cycle; Inequality; C63 C88 D15 Microsimulation Intertemporal Consumer Choice Life-cycle Inequality; C63; C88; D15 Microsimulation;All these keywords.
JEL classification:
- C63 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computational Techniques
- C88 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Other Computer Software
- D15 - Microeconomics - - Household Behavior - - - Intertemporal Household Choice; Life Cycle Models and Saving
- C63 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computational Techniques
- C88 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Other Computer Software
- D15 - Microeconomics - - Household Behavior - - - Intertemporal Household Choice; Life Cycle Models and Saving
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hal:journl:hal-04799408. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: CCSD (email available below). General contact details of provider: https://hal.archives-ouvertes.fr/ .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.