Structural Labour Supply Models and Microsimulation
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Relying on a microsimulation approach, based on a discrete choice joint labor supply and child care choice model, we have assessed the effects on labor supply of mothers of
- the procedure used to build the choice set (fixed alternatives vs sampled alternatives) - accounting or not accounting for a different availability of alternatives.. The way
In Section 4 we use the data from these samples to estimate – and compare the prediction performance of – various models that adopt the same specification of preferences as in
Second, Dagsvik (1991) has demonstrated that the subclass of random utility models generated from max-stable processes is dense in the class of random utility models, in the...
(iv) The development of discrete choice labour supply models (starting with Zabalza, Pissarides, & Barton, 1980) and of models based on (various versions of) the Random
Creedy 1998), the present analysis is detailed on labour supply effects. Labour supply responses are important both from an efficiency point of view and because labour supply
Furthermore, microsimulation provides an ideal platform for addressing issues that are hard, if not impossible, to tackle analytically, that is identifying
It ex- amines quality of care issues amidst expanding coverage (43), the role of private health-services in the ‘public good’ (44), politics (5), solidarity and obligation (36,