Multinomial Logit Models for the Austrian Labor Market
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| Type of Publication: | Journal article |
| Publication status: | Published |
| URI (citable link): | http://nbn-resolving.de/urn:nbn:de:bsz:352-2-155wwe579kpy84 |
| Author: | Pryanishnikov, Ivan; Zigova, Katarina |
| Year of publication: | 2003 |
| Published in: | Austrian Journal of Statistics ; 32 (2003), 4. - pp. 267-282. - ISSN 1026-597X |
| DOI (citable link): | https://dx.doi.org/10.17713/ajs.v32i4.461 |
| Summary: |
In this paper we analyze the selection of industry branches by employees in the Austrian labor market. For this purpose we use the standard logit model and the heteroscedastic extreme value model. We show that the likelihood ratio test rejects the multinomial logit model in favor of the heteroscedastic specification. Consequently, we concentrate on estimation results of the heteroscedastic extreme value model. In our investigation we use 1997 social security records provided by the Hauptverband der Sozialversicherungen.
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| Subject (DDC): | 330 Economics |
| Link to License: | Attribution 3.0 Unported |
| Refereed: | Unknown |
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PRYANISHNIKOV, Ivan, Katarina ZIGOVA, 2003. Multinomial Logit Models for the Austrian Labor Market. In: Austrian Journal of Statistics. 32(4), pp. 267-282. ISSN 1026-597X. Available under: doi: 10.17713/ajs.v32i4.461
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