This paper develops a simulation estimation algorithm that is particularly useful for estimating dynamic panel data … substantially better than the popular Markov model. The Polya model implies far less state dependence in employment status than the …

A multinomial choice framework is used to investigate the nature of women's transitions between full-time employment …, part-time employment and non-employment. The stochastic framework allows time varying and time invariant unobserved … true state dependence is found in both full-time and part-time employment. This finding is robust to the specification of …