A nonparametric test for path dependence in discrete panel data

@inproceedings{Kasy2011ANT,
  title={A nonparametric test for path dependence in discrete panel data},
  author={Maximilian Kasy},
  year={2011}
}
  • Maximilian Kasy
  • Published 2011
This paper proposes a test for path dependence in discrete panel data based on a characterization of stochastic processes that are mixtures of Markov chains. This test is applied to European Community Household Panel data on employment histories. The data allow to reject the null of no path dependence in all subsamples considered. © 2011 Elsevier B.V. All… CONTINUE READING