Time-use statistics offer a unique tool for exploring a wide range of policy concerns including social change; division of labour; allocation of time for household work; the estimation of the value of household production; transportation; leisure and recreation; pension plans; and health-care programmes, among others" (United Nations). This expertise will discuss recent developments, improvements ...
This paper tests for state dependence in histories of unemployment and job mobility from the first six waves of the German Socio-Economic Panel (SOEP). Transitions between states of employment and unemployment are modelled as outcomes of binomial probit processes which are first and higher order Markov. The use of simulation estimation allows quite general intertemporal covariance structures in order ...