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Blazquez, Maite; Budria, Santiago – Education Economics, 2012
In this paper, we use the 2000-2008 waves of the German Socioeconomic Panel to examine overeducation transitions. The results are based on a first-order Markov model that allows us to account for both the initial conditions problem and potential endogeneity in attrition. We found that overeducation dynamics, especially the probability of entering…
Descriptors: Educational Attainment, Overachievement, Education Work Relationship, Personality Traits
Fahrmeir, Ludwig; Raach, Alexander – Psychometrika, 2007
In this paper we introduce a latent variable model (LVM) for mixed ordinal and continuous responses, where covariate effects on the continuous latent variables are modelled through a flexible semiparametric Gaussian regression model. We extend existing LVMs with the usual linear covariate effects by including nonparametric components for nonlinear…
Descriptors: Markov Processes, Social Sciences, Monte Carlo Methods, Bayesian Statistics