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. Results show that the three selection mechanisms are endogenous for the estimation of low pay transitions. The data also …
Persistent link: https://www.econbiz.de/10010261831
We examine the determinants of low income transitions using first-order Markov models that control for initial conditions effects (those found to be poor in the base year may be a nonrandom sample) and for attrition (panel retention may also be non-random). Our econometric model is a form of...
Persistent link: https://www.econbiz.de/10010262736
We investigate the effect of social interactions on labor market outcomes using a direct measure of social contacts based on information about individuals' three best friends and their characteristics. We examine the effect of the number of employed friends on the transition from non-employment...
Persistent link: https://www.econbiz.de/10010274963
We model annual low pay transition probabilities taking account of three potentially endogenous selections: two sample drop-out mechanisms (panel attrition, non-employment) and ?initial conditions? (base-year low pay status). This model, and variants that ignore one or more of these selection...
Persistent link: https://www.econbiz.de/10010261224