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Simulation and estimation of a simple job search model for structural econometrics study group

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A Simple Job Search Model

This project is a quick overview of how to simulate and estimate a dynamic structural model by minimizing distance of conditional choice probabilities. Run simulation files to generate dataset first, then use estimation file to run estimation procedure.

  • Presentation with more detailed explanation of estimation procedure: (Folder: presentation)

  • Estimation:

    • Recursion simulation: data_simulation_iteration_version.py
    • Iteration simulation: data_simulation_recursion_version.py
    • Estimation file: estimation.py
  • Required packages:

    • Pandas
    • Numpy

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Simulation and estimation of a simple job search model for structural econometrics study group

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