Fougère, Denis; Kamionka, Thierry - In: Journal of Applied Econometrics 18 (2003) 6, pp. 697-723
This paper presents Bayesian inference procedures for the continuous time mover-stayer model applied to labour market transition data collected in discrete time. These methods allow us to derive the probability of embeddability of the discrete-time modelling with the continuous-time one. A...