Flaig, Gebhard; Licht, Georg; Steiner, Viktor - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 1993
A dynamic random effects probit model is estimated on the first six waves of the German Socio-Economic Panel to test for state dependence effects in male unemployment behaviour. Estimation of the model is based on the marginal likelihood approach. In the model an individual's unemployment...