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Estimating worklife expectancy: an econometric approach

Journal of EconometricsPublished 12 February 2003
Daniel L. Millimet, Michael Nieswiadomy, Hang K. Ryu, Daniel J. Slottje
Citations53
SJR quartileQ1
SJR score12.17
SNIP4.85

Abstract

This paper presents new estimates of worklife expectancy and introduces a new methodology for estimating the transition probabilities necessary to derive the worklife estimates. Our procedures incorporate significantly more information into the labor supply decision and result in more precise estimates of worklife expectancy.

Keywords

Social SciencesEconomics, Econometrics and Finance