The Demographics of Labour Turnover: A Comparison of Ordinal Probit and Censored Count Data Models

Publisher Website
Google Scholar
Abstract
Summary: As has been found in previous studies, the labor market performance of individuals is often affected by demographic determinants like cohort size, age, marriage status and family size. While most of this analysis was studied for earnings, the paper investigates the issue for labor mobility. Mobility is measured here by the number of new employers and the frequency of unemployment of an individual in a particular period. Given the discrete nature of the data, the ordinal probit model and the censored Poisson as the censored negative binomial model was estimated. Since the choice of the statistical model is not clear a priori, various model comparisons are carried out and some new pseudo-R2 measures are proposed and used in the analysis. Results indicate that demographic determinants matter for labor mobility.
Keywords

This publication has 13 references indexed in Scilit: