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Modeling employment dynamics with state dependence and unobserved heterogeneity

Abstract:

This paper considers the problem of determining the extent of any state dependencies in women's labor supply behavior. Employment outcomes are modeled using a dynamic multinomial choice framework including persistent unobserved heterogeneity with a relatively general distribution. In order to ensure reliable parameter estimates, appropriate restrictions are imposed on the distribution of unobservables. Significant state dependence is present in both full-time and part-time employment. State d...

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Publication status:
Published

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Publisher:
University of Oxford
Series:
Department of Economics Discussion Paper Series
Publication date:
2007-08-01
Paper number:
337
Keywords:
Pubs id:
1144097
Local pid:
pubs:1144097
Deposit date:
2020-12-15

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