Analysis of labour participation behaviour of Korean women with dynamic probit and conditional logit

Myoung Jae Lee, Yoon Hee Tae

Research output: Contribution to journalArticlepeer-review

13 Citations (Scopus)

Abstract

We analyse the dynamic labour participation behaviour of Korean women. State dependence under unobserved heterogeneity is considered, where the heterogeneity may be unrelated, pseudo-related, or arbitrarily related to regressors. Three minor methodological contributions are made: interaction terms with lagged response are allowed in dynamic conditional logit; a three-stage algorithm for dynamic probit is proposed; and treating the initial response as fixed is shown to be ill-advised. The state dependence is about 0.6 × SD(error), higher for the married or junior college-educated, and lower for women in their twenties and thirties. While education increases participation, college education has negative effects for women in their forties or above. Marriage has a high negative short-term effect but a positive long-term effect.

Original languageEnglish
Pages (from-to)71-91
Number of pages21
JournalOxford Bulletin of Economics and Statistics
Volume67
Issue number1
DOIs
Publication statusPublished - 2005 Feb
Externally publishedYes

ASJC Scopus subject areas

  • Statistics and Probability
  • Social Sciences (miscellaneous)
  • Economics and Econometrics
  • Statistics, Probability and Uncertainty

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