Christodoulakis, George A.; Mamatzakis, Emmanuel C. - In: Review of Economic Analysis 2 (2010) 1, pp. 32-45
This paper focuses on Greek labour market dynamics at a regional base, which comprises of 16 provinces, as defined by NUTS levels 1 and 2 (Eurostat, 2008), using Markov Chains for proportions data for the first time in the literature. We apply a Bayesian approach, which employs a Monte Carlo...