A nonparametric test for path dependence in discrete panel data

Maximilian Kasy

Economics Letters, 2011, vol. 113, issue 2, 172-175

Abstract: This paper proposes a test for path dependence in discrete panel data based on a characterization of stochastic processes that are mixtures of Markov chains. This test is applied to European Community Household Panel data on employment histories. The data allow to reject the null of no path dependence in all subsamples considered.

Keywords: Path dependence; Mixtures of Markov chains; Nonparametric testing (search for similar items in EconPapers)
JEL-codes: C12 C14 C23 (search for similar items in EconPapers)
Date: 2011
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Citations: View citations in EconPapers (5)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:113:y:2011:i:2:p:172-175

DOI: 10.1016/j.econlet.2011.07.005

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