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The non-randomness of occupation selection is controlled for by estimating in the first stage a probit model of occupational choice.
I formulate and solve a model of occupational choice with moral hazard under three alternative financial market environments: savings only, borrowing and lending with default and moral hazard constrained insurance.
We study the link between mortgage debt and entrepreneurship using a model of occupational choice and housing tenure in a setting where loans are recourse like in the UK and several US states.
He then constructs a model of occupational choice with skill-biased change in entrepreneurial technology that can account for this facts.
Amaral and Quintin (2010) present a model of occupational choice in which poor enforcement can generate big output losses by increasing the use of less productive technologies.
For this purpose, we estimate a regression model of occupational rates as a function of average productivity, controlling for unemployment rates and for time and region fixed effects, using the AACC data.
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From the statistical perspective, a recently published combined data set is found to be inappropriate with respect to the distribution of major molecular descriptors, and therefore should be approached cautiously as a source for QSAR model training and in modelling of occupational and environmental skin exposures.
In the second part of the paper we explore models of occupational attainment among immigrants and the native born.
Early models of occupational choice (Lucas 1978; Rosen 1982; Jovanovic 1994) ignore the realistic alternative of working alone as own-account self-employed.
See, e.g., Pavan (2011), Flabbi and Moro (2012) and Joubert (2015) who estimate dynamic models of occupational choice with search frictions.
Our paper is motivated by the observation that existing models of occupational choice ignore the decision of the self-employed to hire employees, or not, and limit occupational choice to employers and employees.
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