EconPapers    
Economics at your fingertips  
 

Econometrics of Individual Labor Market Transitions

Denis Fougere () and Thierry Kamionka ()
Additional contact information
Thierry Kamionka: CREST-INSEE

No 1850, IZA Discussion Papers from Institute of Labor Economics (IZA)

Abstract: This survey is devoted to the modelling and the estimation of reduced-form transition models, which have been extensively used and estimated in labor microeconometrics. The first section contains a general presentation of the statistical modelling of such processes using continuous-time (event-history) data. It also presents parametric and nonparametric estimation procedures, and focuses on the treatment of unobserved heterogeneity. The second section deals with the estimation of markovian processes using discrete-time panel observations. Here the main question is whether the discrete-time panel observation of a transition process is generated by a continuous-time homogeneous Markov process. After discussing this problem, we present maximum-likelihood and bayesian procedures for estimating the transition intensity matrix governing the process evolution. Particular attention is paid to the estimation of the continuous-time mover-stayer model, which is the more elementary model of mixed Markov chains.

Keywords: unobserved heterogeneity; labor market transitions; markovian processes; mover-stayer model (search for similar items in EconPapers)
JEL-codes: C41 C51 J64 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-ecm
Date: 2005-11
References: Add references at CitEc
Citations: View citations in EconPapers (2) Track citations by RSS feed

Published in: Patrick Sevestre and Lazlo Matyas (eds.), The Econometrics of Panel Data: Handbook of Theory and Applications, 3rd ed., Springer, 2008, 865-905

Downloads: (external link)
http://ftp.iza.org/dp1850.pdf (application/pdf)

Related works:
Working Paper: Econometrics of Individual Labor Market Transitions (2005) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:iza:izadps:dp1850

Ordering information: This working paper can be ordered from
IZA, Margard Ody, P.O. Box 7240, D-53072 Bonn, Germany

Access Statistics for this paper

More papers in IZA Discussion Papers from Institute of Labor Economics (IZA) IZA, P.O. Box 7240, D-53072 Bonn, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Holger Hinte ().

 
Page updated 2019-11-19
Handle: RePEc:iza:izadps:dp1850