{"title":"荷兰自主创业的动态多项模型","authors":"Elisabeth Beusch, A. Soest","doi":"10.22394/1993-7601-2020-59-5-32","DOIUrl":null,"url":null,"abstract":"This paper presents a dynamic multinomial logit model to explain the transitions into and out of self-employment using Dutch micro-panel data, the LISS panel. Based on the estimates we simulate employment paths for benchmark individuals. These are used to illustrate the limitations of the common assumption in wealth and pension income modeling, that individuals remain in their observed labour state until retirement. In particular, we find that although one year transition probabilities out of self-employment are not more than 10%, the chances that individuals who are self-employed remain self-employed for the majority of the next ten years can be much smaller, and vary substantially with individual characteristics such as education level and personality.","PeriodicalId":8045,"journal":{"name":"Applied Econometrics","volume":"1 1","pages":""},"PeriodicalIF":0.0000,"publicationDate":"2020-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"1","resultStr":"{\"title\":\"A dynamic multinomial model of self-employment in the Netherlands\",\"authors\":\"Elisabeth Beusch, A. Soest\",\"doi\":\"10.22394/1993-7601-2020-59-5-32\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"This paper presents a dynamic multinomial logit model to explain the transitions into and out of self-employment using Dutch micro-panel data, the LISS panel. Based on the estimates we simulate employment paths for benchmark individuals. These are used to illustrate the limitations of the common assumption in wealth and pension income modeling, that individuals remain in their observed labour state until retirement. In particular, we find that although one year transition probabilities out of self-employment are not more than 10%, the chances that individuals who are self-employed remain self-employed for the majority of the next ten years can be much smaller, and vary substantially with individual characteristics such as education level and personality.\",\"PeriodicalId\":8045,\"journal\":{\"name\":\"Applied Econometrics\",\"volume\":\"1 1\",\"pages\":\"\"},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2020-01-01\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"1\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Applied Econometrics\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.22394/1993-7601-2020-59-5-32\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q3\",\"JCRName\":\"Economics, Econometrics and Finance\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Applied Econometrics","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.22394/1993-7601-2020-59-5-32","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"Economics, Econometrics and Finance","Score":null,"Total":0}
A dynamic multinomial model of self-employment in the Netherlands
This paper presents a dynamic multinomial logit model to explain the transitions into and out of self-employment using Dutch micro-panel data, the LISS panel. Based on the estimates we simulate employment paths for benchmark individuals. These are used to illustrate the limitations of the common assumption in wealth and pension income modeling, that individuals remain in their observed labour state until retirement. In particular, we find that although one year transition probabilities out of self-employment are not more than 10%, the chances that individuals who are self-employed remain self-employed for the majority of the next ten years can be much smaller, and vary substantially with individual characteristics such as education level and personality.
Applied EconometricsEconomics, Econometrics and Finance-Economics, Econometrics and Finance (miscellaneous)
CiteScore
0.70
自引率
0.00%
发文量
0
期刊介绍:
The Journal of Applied Econometrics is an international journal published bi-monthly, plus 1 additional issue (total 7 issues). It aims to publish articles of high quality dealing with the application of existing as well as new econometric techniques to a wide variety of problems in economics and related subjects, covering topics in measurement, estimation, testing, forecasting, and policy analysis. The emphasis is on the careful and rigorous application of econometric techniques and the appropriate interpretation of the results. The economic content of the articles is stressed. A special feature of the Journal is its emphasis on the replicability of results by other researchers. To achieve this aim, authors are expected to make available a complete set of the data used as well as any specialised computer programs employed through a readily accessible medium, preferably in a machine-readable form. The use of microcomputers in applied research and transferability of data is emphasised. The Journal also features occasional sections of short papers re-evaluating previously published papers. The intention of the Journal of Applied Econometrics is to provide an outlet for innovative, quantitative research in economics which cuts across areas of specialisation, involves transferable techniques, and is easily replicable by other researchers. Contributions that introduce statistical methods that are applicable to a variety of economic problems are actively encouraged. The Journal also aims to publish review and survey articles that make recent developments in the field of theoretical and applied econometrics more readily accessible to applied economists in general.