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Matlab code for Neal's model of career choice

Author

Listed:
  • Thomas Sargent

    (New York University)

Abstract

Neal's worker chooses career, job(theta,epsilon) pair given the distribution of career and job, which is uniform in this program. He can either reject current pair in hand, or reject current job and keep career, or retain his existing pair

Suggested Citation

  • Thomas Sargent, 1999. "Matlab code for Neal's model of career choice," QM&RBC Codes 29, Quantitative Macroeconomics & Real Business Cycles.
  • Handle: RePEc:dge:qmrbcd:29
    as

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    File URL: http://dge.repec.org/codes/sargent/neal.m
    File Function: program code
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    File URL: http://dge.repec.org/codes/sargent/neal2.m
    File Function: program code (amended version)
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    More about this item

    JEL classification:

    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity

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