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)
New Economics Papers: this item is included in nep-dcm and nep-ecm
Date: 2007-07-16
View list of references

Downloads: (external link)
http://geary.ucd.ie/images/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: http://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.
Series data maintained by Geary Tech ().