The Identification & Economic Content of Ordered Choice Models with Stochastic Thresholds
Flavio Cunha,
James J. Heckman and
Salvador Navarro
No 200726, Working Papers from Geary Institute, University College Dublin
Abstract:
This paper extends the widely used ordered choice model by introducing stochastic thresholds and interval-specific outcomes. The model can be interpreted as a general- ization of the GAFT (MPH) framework for discrete duration data that jointly models durations and outcomes associated with different stopping times. We establish con- ditions for nonparametric identification. We interpret the ordered choice model as a special case of a general discrete choice model and as a special case of a dynamic discrete choice model.
Keywords: example keyword; example keyword; example keyword (search for similar items in EconPapers)
JEL-codes: C31 (search for similar items in EconPapers)
Pages: 51 pages
Date: 2007-07-16
New Economics Papers: this item is included in nep-dcm and nep-ecm
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (40)
Downloads: (external link)
http://www.ucd.ie/geary/static/publications/workingpapers/GearyWp200726.pdf Revised version, 2007 (application/pdf)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:ucd:wpaper:200726
Access Statistics for this paper
More papers in Working Papers from Geary Institute, University College Dublin Contact information at EDIRC.
Bibliographic data for series maintained by Geary Tech ().