A parametric class of Markov chains that can be used to model such phenomena as job transitions for unskilled workers is presented in this article. Maximum likelihood estimation for the Markov chain model and the mover-stayer model is discussed and is shown to be easy to carry out. An empirical example, using industry-of-occupation data, is presented at the end of the article.
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Michael Sampson (1990) studied this question.
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