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Two approaches for model-based clustering of categorical time series based on time- homogeneous first-order Markov chains are discussed. For Markov chain clustering the in- dividual transition probabilities are fixed to a group-specific transition matrix. In a new approach called Dirichlet...
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In dieser Arbeit analysieren wir Einkommensverläufe von Frauen in Österreich. Unser Ziel ist es, mit Hilfe von zusätzlichen erklärenden Variablen wie z.B. dem Alter bei Berufseintritt, der Kinderanzahl oder einer Karenzvariable, Gruppen von erwerbst¨atigen Frauen mit ähnlichen...
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This paper analyzes patterns in the earnings development of young labor market entrants over their life cycle. We identify four distinctly different types of transition patterns between discrete earnings states in a large administrative data set. Further, we investigate the effects of labor...
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Child birth leads to a break in a woman's employment history and is considered one reason for the relatively poor labor market outcomes observed for women compared to men. However, the time spent at home after child birth varies significantly across mothers and is likely driven by observed and,...
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