This paper reviews methods for the estimation of dynamic discrete choice structural models
and discusses related econometric issues. We consider single-agent models, competitive …

The landscape for older workers has changed dramatically in recent decades. Governments
have made cuts to public pension programs, private pensions have shifted from defined …

This article studies the determinants of college major choice using an experimentally
generated panel of beliefs, obtained by providing students with information on the true …

We show that tenth-grade teacher expectations affect students' likelihood of college
completion. Our approach leverages a unique feature of a nationally representative dataset …

The choice of a college major plays a critical role in determining the future earnings of
college graduates. Students make their college major decisions in part due to the future …

This paper studies how college majors are chosen, focusing on the underlying gender gap. I
collect a data set of Northwestern University sophomores that contains their subjective …

We estimate a dynamic model of employment, human capital accumulation—including
education, and savings for women in the United Kingdom, exploiting tax and benefit reforms …

Older wealth holders spend down assets much more slowly than predicted by classic life-
cycle models. This paper introduces health-dependent utility into a model with incomplete …

Economists commonly suppose that persons have probabilistic expectations for uncertain
events, yet empirical research measuring expectations was long rare. The inhibition against …

This paper provides an empirical analysis of the effects of employer‐provided health
insurance, Medicare, and Social Security on retirement behavior. Using data from the Health …