Showing 1 - 10 of 21
Persistent link: https://www.econbiz.de/10009024835
This paper investigates the effects of public childcare availability in Italy on mothers' working status and children's scholastic achievements. We use a newly available dataset containing individual standardized test scores of pupils attending second grade of primary school in 2008-09 in...
Persistent link: https://www.econbiz.de/10009209707
This paper deals with the problem of analyzing the behavior of an agent-based (AB) model.
Persistent link: https://www.econbiz.de/10010862069
We present JAS 2, a new Java platform which aims at providing a unique simulation tool for discrete-event simulations, including agent-based and dynamic microsimulation models. JAS 2 is not released as a self-contained stand-alone application for model development. With the aim to develop...
Persistent link: https://www.econbiz.de/10010862070
Agent-based (AB) models are considered a promising tool for macroeconomic analysis. However, until estimation of AB models become a common practice, they will not get to the center stage of macroeconomics. Two difficulties arise in the estimation of AB models: (i) the criterion function has no...
Persistent link: https://www.econbiz.de/10010862073
Our study analyses the costs and benefits of early child care for mothers’ labour supply and child development in Italy, exploring the role of the selection criteria used by local governments to assign child care slots. In Italy, only around 13% of the demand for public child care...
Persistent link: https://www.econbiz.de/10011169753
Dynamic microsimulation modeling involves two stages: estimation and forecasting. Unobserved heterogeneity is often considered in estimation, but not in forecasting, beyond trivial cases. Non-trivial cases involve individuals that enter the simulation with a history of previous outcomes. We show...
Persistent link: https://www.econbiz.de/10010592671
We review the literature on agent-based labor market models by tracing its roots to the microsimulation literature, and surveying a selection of contributions made since the work by Bergmann (1974) and Eliasson (1976). Agent-based models have been applied to explain stylized facts of labor...
Persistent link: https://www.econbiz.de/10010592672
There is some controversy in the field of household economics regarding the efficiency of household decisions. We make the point that a flexible specification of spousal preferences and the household production technology precludes the possibility of using revealed preference data on household...
Persistent link: https://www.econbiz.de/10010551423
While a large literature has focused on the impact of parental investments on child cognitive development, very little is known about the role of child?s own in- vestments. Information on how children invest their time separately from parents is probably little informative for babies and...
Persistent link: https://www.econbiz.de/10010570904