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dc.contributor.authorDagsvik, John K.en_US
dc.date.accessioned2012-09-20T13:11:08Z-
dc.date.available2012-09-20T13:11:08Z-
dc.date.issued2006en_US
dc.identifier.urihttp://hdl.handle.net/10419/62985-
dc.description.abstractThis paper proposes a particular axiomatic approach to motivate the choice of functional forms and distribution of unobservables in continuous time models for discrete panel data analysis. We discuss in particular applications with data on transitions between employment and unemployment. This framework yields a characterization of transition probabilities and duration distributions in terms of structural parameters of the utility function and choice constraints. Moreover, it is discussed how the modeling framework can be extended to allow for involuntary transitions, structural state dependence and random effects.en_US
dc.language.isoengen_US
dc.publisherDep. of Economics, Univ. of Oslo Osloen_US
dc.relation.ispartofseriesMemorandum, Department of Economics, University of Oslo 2006,06en_US
dc.subject.jelC23en_US
dc.subject.jelC25en_US
dc.subject.jelC41en_US
dc.subject.ddc330en_US
dc.subject.keywordDiscrete choice in continuous timeen_US
dc.subject.keywordDuration of unemployment/employmenten_US
dc.subject.keywordRandom utility modelsen_US
dc.subject.keywordFunctional formen_US
dc.subject.keywordInvariance principlesen_US
dc.subject.stwArbeitslosigkeiten_US
dc.subject.stwBeschäftigungen_US
dc.subject.stwÖkonometrisches Modellen_US
dc.titleJustifying functional forms in models for transitions between discrete states, with particular reference to employment-unemployment dynamicsen_US
dc.typeWorking Paperen_US
dc.identifier.ppn511871945en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:Memorandum, Department of Economics, University of Oslo

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