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Title: Analyzing Labor Force Transitions with Panel Data
Resulting in 1 citation.
1. DiPrete, Thomas A.
Analyzing Labor Force Transitions with Panel Data
Research in Social Stratification and Mobility 3 (1984): 61-76
Cohort(s): Young Men
Publisher: JAI Press, Inc.
Keyword(s): Data Analysis; Labor Force Participation; Longitudinal Data Sets; Markov chain / Markov model; Mobility, Labor Market; Research Methodology; Statistical Analysis; Variables, Independent - Covariate; Work Histories

While event-history data are always preferable to panel data, there are many situations in which they do not exist or cannot be collected. This analysis of transitions among labor force statuses for young men who participated in the NLS is intended to illustrate the usefulness of longitudinal models for data analysis even when event history data are not available. Continuous time Markov models can be estimated and constrained so that hypotheses can be tested. Further, it is feasible to specify the intensity parameters as functions of covariates and estimate the coefficients. Good starting values are important to obtain the estimates without a large expenditure of funds, and one way in which these values might be obtained is suggested.
Bibliography Citation
DiPrete, Thomas A. "Analyzing Labor Force Transitions with Panel Data." Research in Social Stratification and Mobility 3 (1984): 61-76.