Point Processes

Authors: JeanPierre Florens Denis Fougère

Publish Date: 1996

Volume: , Issue: , Pages: 537-572

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Abstract

Point processes are a mathematical formalisation which allows one to describe individual mobilities or transitions between a finite number of states through time They are particularly useful for the microeconometric analysis of labour market dynamics Labour statistics are often concerned with samples of workers’ histories from which the econometrician can retrospectively observe individual transitions between distinct participation states employment in a stable job ie with an unlimited duration labour contract employment in an unstable job ie with a limited duration contract unemployment with or without eligibility to unemployment insurance systems education training out—of—labour force etc1

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