A dynamic, discrete choice framework with a flexible structure for unobserved heterogeneity is used to model the occupational decisions of individuals who are certified to teach in elementary and secondary schools. The model is estimated using data from the National Longitudinal Study of the High School Class of 1972 and is used to examine the effects of possible changes in the compensation policy for teachers.
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Article provided by Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association in its journal International Economic Review.
Volume (Year): 42 (2001) Issue (Month): 3 (August) Pages: 751-79 Download reference. The following formats are available: HTML
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