State dependence in a multi-state model of employment dynamics
By: by Victoria Prowse.
Series: Discussion paper ;; no. 1623; Discussion paper (Forschungsinstitut zur Zukunft der Arbeit : Online) ;; no. 1623
Publisher: IZA
Published: 2005
Place of publication: Bonn, Germany
Language: eng
Format: Electronic resource
Subjects: Women -- Employment -- Econometric models.
Description: "A multinomial choice framework is used to investigate the nature of women's transitions between full-time employment, part-time employment and non-employment. The stochastic framework allows time varying and time invariant unobserved preferences, and also controls for the possible endogeneity of education, fertility and non-labor income. Significant positive true state dependence is found in both full-time and part-time employment. This finding is robust to the specification of unobserved preferences. The results are used to assess the dynamic effects of three temporary wage subsidies. All three policies have substantial effects on employment behavior for up to 6 years. However, obtaining a permanent increase in employment requires sustained or repeated interventions"--Forschungsinstitut zur Zukunft der Arbeit web site.
Notes: Also available in print.
Includes bibliographical references.
Title from PDF file as viewed on 6/13/2005.
System requirements: Adobe Acrobat Reader.
Mode of access: World Wide Web.