TY  - JOUR
AU  - Cunha,Flavio
AU  - Heckman,James J.
AU  - Navarro,Salvador
TI  - The Identification and Economic Content of Ordered Choice Models with Stochastic Thresholds
JF  - National Bureau of Economic Research Technical Working Paper Series
VL  - No. 340
PY  - 2007
Y2  - July 2007
UR  - http://www.nber.org/papers/t0340
L1  - http://www.nber.org/papers/t0340.pdf
N1  - Author contact info:
Flavio Cunha
Department of Economics
University of Pennsylvania
160 McNeil Building
3718 Locust Walk
Philadelphia, PA 19104-6297
Tel: 215/898-5652
E-Mail: fcunha@sas.upenn.edu

James J. Heckman
Department of Economics
The University of Chicago
1126 E. 59th Street
Chicago, IL 60637
Tel: 773/702-0634
Fax: 773/702-8490
E-Mail: jjh@uchicago.edu

Salvador Navarro
Department of Economics
Social Science Centre, Room 4071
London, Ontario, Canada, N6A 5C2
Tel: 519 661-3500
Fax: 519 661-3666
E-Mail: snavarr@uwo.ca
AB  - This paper extends the widely used ordered choice model by introducing stochastic thresholds and interval-specific outcomes. The model can be interpreted as a generalization of the GAFT (MPH) framework for discrete duration data that jointly models durations and outcomes associated with different stopping times. We establish conditions 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.
ER  -