This paper uses a new data set on the term in office of central bank governors in 137 countries covering the period 1970-2004 to estimate a model for the chance that a central bank governor is replaced. We formulate a number of hypotheses based on the literature on the determinants of central bank independence that are tested using conditional logit models and the Extreme Bounds Analysis. We co...

In this paper we employ Mecklenburg County, North Carolina, a polycentric city with 10 employment subcenters, as a case study to explore the role of employment subcenters in determining residential location decisions. We estimate discrete choice models of residential location decisions: conditional logit models and heteroscedastic logit models with both the full choice set and sampled choices. ...

In this work we generalize the non-parametric quasi-likelihood method to the context of discrete choice models for time series data and, in particular, when lags of the discrete dependent variable appear among regressors. We derive consistency and asymptotic normality of the estimator for such models for general case and present an application to real data on US recessions.

Background In trial design, decisions are made about which intervention components/processes to standardise and which remain flexible to maximise utility and/or effectiveness. The intervention-context-system fit for complex interventions impacts on trial recruitment, delivery and outcomes. Survey vignettes and discrete choice experiments are quantitative researcher led approaches which focus on...

In recent years interest-bearing checking accounts and ATM cards have become quite ubiquitous. These alternative payment methods offer many benefits, but a majority of households have yet to adopt these technologies as a means of payment. The goal of this paper is to answer why some households have been reluctant to make the switch. This paper uses dynamic discrete choice techniques to model ho...

What underlies young children’s failure in evaluating underinformative teachers? We explore the hypothesis that children have difficulty representing relevant alternatives; knowing what the teacher could have done. Children rated two teachers who demonstrated toys to a naı̈ve learner. One group first observed a fully informative teacher and then an underinformative teacher, while the other group...

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.

Using a discrete choice one-factor model, we estimate mean treatment parameters and distributional treatment parameters to analyze the effects of degree of sick leave on the probability of full recovery of lost work capacity for employed and unemployed individuals, respectively. Our results indicate that one year after the sick leave spell started, the average potential impact of part-time sick...