
An Autoregressive Model of Order Two for Worklife Expectancies and Other Labor Force Characteristics with an Application to Major League Baseball Hitters*
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Gary R. Skoog and James E. Ciecka. 2012. An Autoregressive Model of Order Two for Worklife Expectancies and Other Labor Force Characteristics with an Application to Major League Baseball Hitters. Journal of Legal Economics 18(2): pp. 47–78.
The Markov process model has been the standard for worklife related research since 1982 when the Bureau of Labor Statistics introduced its Increment-Decrement (Markov model) construct in Bulletin 2135 and updated its worklife estimates in Bulletin 2254 (1986). Skoog and Ciecka (2001a, 2001b, and 2002) extended Bureau of Labor Statistics methodology by specifying recursions which captured entire probability distributions implicit in the Markov model.
Authors | Gary R. Skoog, James E. Ciecka |
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Classification | Work life |
Publication Year | 2012 |