Advances and Applications in Statistics
Volume 21, Issue 2, Pages 141 - 158
(April 2011)
|
|
PARAMETER ESTIMATION IN A MODEL OF THE LABOR MARKET
M. Li and M. Predescu
|
Abstract: We reformulate in stochastic terms a discrete time deterministic model of the labor market proposed by Neugart ([11]). The stochastic model, linking unemployment and inflation is used for parameter estimation and prediction. |
Keywords and phrases: nonlinear difference equations, stability, stochasticity, maximum likelihood estimates. |
|
Number of Downloads: 365 | Number of Views: 1200 |
|