NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Dynamic Discrete Choice and Dynamic Treatment Effects

James J. Heckman, Salvador Navarro

NBER Technical Working Paper No. 316
Issued in October 2005
NBER Program(s):   TWP

This paper considers semiparametric identification of structural dynamic discrete choice models and models for dynamic treatment effects. Time to treatment and counterfactual outcomes associated with treatment times are jointly analyzed. We examine the implicit assumptions of the dynamic treatment model using the structural model as a benchmark. For the structural model we show the gains from using cross equation restrictions connecting choices to associated measurements and outcomes. In the dynamic discrete choice model, we identify both subjective and objective outcomes, distinguishing ex post and ex ante outcomes. We show how to identify agent information sets.

download in pdf format
   (810 K)

email paper

This paper is available as PDF (810 K) or via email.

Machine-readable bibliographic record - MARC, RIS, BibTeX

Document Object Identifier (DOI): 10.3386/t0316

Users who downloaded this paper also downloaded these:
Heckman Heterogeneity and State Dependence
Cunha, Heckman, and Navarro t0340 The Identification and Economic Content of Ordered Choice Models with Stochastic Thresholds
Heckman, Lochner, and Todd w11544 Earnings Functions, Rates of Return and Treatment Effects: The Mincer Equation and Beyond
Cunha and Heckman w12505 A New Framework for the Analysis of Inequality
Heckman and Vytlacil t0306 Structural Equations, Treatment Effects and Econometric Policy Evaluation
 
Publications
Activities
Meetings
NBER Videos
Data
People
About

Support
National Bureau of Economic Research, 1050 Massachusetts Ave., Cambridge, MA 02138; 617-868-3900; email: info@nber.org

Contact Us