Cappellari, Lorenzo; Dorsett, Richard; Haile, Getinet - ESRC Research Centre on Micro-Social Change, Institute … - 2007
This paper examines employment transitions among men and women in the UK aged between 50 and the state pension age. We begin by examining the issue of duration dependence, using standard duration models. We then use a fourth order Markov model to estimate quarterly transitions while allowing for...
