Quarterly employment rates in European countries are analysed in terms of the likelihood of achieving a specific employment rate within age and gender groups in a five-year horizon. The German employment rate serves as a benchmark for this research. The likelihood is estimated by a Monte-Carlo...

We consider the problem of interval estimation of the odds ratio. An asymptotic confidence interval is widely applied in economics, medicine, sociology, etc. Unfortunately, this confidence interval has a poor coverage probability, significantly smaller than the nominal confidence level. In this...