Sáez, Felipe; Sánchez-Romero, Miguel; Vera, Joaquín - Departamento de Análisis Económico: Teoría … - 2007
In this paper, we have studied the employment and nonemployment transitions in Spain from 1996 to 2005. To do so, we have used a multi-state multiepisode duration model and a censored continuous-time Markovian matrix. By using the censored Markovian matrix, we have been able to balance the...