Labor market entry and earnings dynamics: Bayesian inference using mixtures‐of‐experts Markov chain clustering
劳动力市场进入与收入动态：专家混合马尔可夫链聚类的贝叶斯推断
SUMMARY This paper analyzes patterns in the earnings development of young labor market entrants over their life cycle. We identify four distinctly different types of transition patterns between discrete earnings states in a large administrative dataset. Further, we investigate the effects of labor market conditions at the time of entry on the probability of belonging to each transition type. To estimate our statistical model we use a model‐based clustering approach. The…