Bayesian Analysis Of Individual Decisions In Health And Labour Economics

Grant number: FT170100124 | Funding period: 2018 - 2021

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Abstract

This project aims to exploit emerging Bayesian Markov chain Monte Carlo methods to develop new approaches to modelling economic decision making. These methods will generate insights into two current and importantpolicy debates. This includes (i) marijuana, alcohol and tobacco use and legalization of marijuana use; and (ii) parental leave policies, maternity leave decisions and mothers' labour market dynamics. Although policies play an important role in observed health and labour market behaviours, their exact effects on individuals' decisions and outcomes are often difficult to quantify due to the complex nature of the decision process. Outcomes from the project will include new evidence of ..

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