Jesus Carro

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We consider dynamic discrete choice models with heterogeneity in both the levels parameter and the state dependence parameter. We …rst analyse the purchase of full fat milk using a long consumer panel (T > 100) on many households. The large T nature of the panel allows us to consistently estimate the parameters of each household separately. This analysis(More)
This paper reviews the existing approaches to deal with panel data binary choice models with individual effects. Their relative strengths and weaknesses are discussed. Much theoretical and empirical research is needed in this area, and the paper points to several aspects that deserve further investigation. In particular, I illustrate the usefulness of(More)
In this study, several modifications were introduced to a recently proposed human ventricular action potential (AP) model so as to render it suitable for the study of ventricular arrhythmias. These modifications were driven by new sets of experimental data available from the literature and the analysis of several well-established cellular arrhythmic risk(More)
In this paper I consider a model for the heterogeneity and dynamics of the conditional mean and the conditional variance of individual wages. In particular, I propose a dynamic panel data model with linear individual effects in the mean and multiplicative individual effects in the conditional ARCH type variance function. I posit a distribution for earning(More)
In this paper we analyze the contraceptive behavior of married couples in Spain. Our main goal is to investigate whether the main features of the data can be rationalized in a dynamic stochastic optimization framework. Based on Hotz and Miller's (1993) study of similar U.S. data we propose a simple life-cycle model of sterilization and contraceptive choice(More)
This paper studies housing tenure and labour mobility using individual data from the ECHP for five European countries. First, the effect of housing tenure on the unemployed workers' labour mobility is studied using a discrete unemployment duration model with two alternative exits to employment, depending on whether they are associated with a residential(More)
Empirical Microeconomics; Labor and demographic economics; Estimation of dynamic models of discrete choice. • " Caregiving to elderly Parents and employment status of European mature women " [with Laura Crespo], Review of Economics and Statistics, forthcoming (2014). • " Dynamic discrete choice structural models: A survey " [with Victor Aguirregabiria], • "(More)
Most econometric schemes to allow for heterogeneity in micro behaviour have two drawbacks: they do not …t the data and they rule out interesting economic models. In this paper we present an estimator for the time homogeneous …rst order Markov (HFOM) model that allows for maximal heterogeneity. That is, the modelling of the heterogeneity does For comments(More)
I formulate and study a model of undirected dyadic link formation which allows for assor-tative matching on observed agent characteristics (homophily) as well as unrestricted agent level heterogeneity in link surplus (degree heterogeneity). Similar to fixed effects panel data analyses, the joint distribution of observed and unobserved agent-level(More)
This Discussion Paper is issued under the auspices of the Centre's research programme in LABOUR ECONOMICS and PUBLIC POLICY. Any opinions expressed here are those of the author(s) and not those of the Centre for Economic Policy Research. Research disseminated by CEPR may include views on policy, but the Centre itself takes no institutional policy positions.(More)