MAYO, JESÚS PÉREZ; CALDERA, MIGUEL A. FAJARDO - In: Estudios de Economía Aplicada 20 (2002) Agosto, pp. 499-508
The mobility of a categorical variable can be a mix of two different parts: true movement and measurement or … measurement error. The Latent Mixed Markov Model is proposed to solve this problem in this paper. Income mobility is a well …-known example of categorical variables mobility in Economics. So, the authors think that the Latent Mixed Markov Model is a good …