Closed-Form Identification of Dynamic Discrete Choice Models with Proxies for Unobserved State Variables
نویسندگان
چکیده
For dynamic discrete choice models of forward-looking agents where a continuous state variable is unobserved but its proxy is available, we derive closed-form identification of the structure by explicitly solving integral equations. For an empirical illustration, we analyze industry dynamics in Chile.
منابع مشابه
Closed-Form Estimation of Dynamic Discrete Choice Models with Unobserved State Variables
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