1974
DOI: 10.1086/260198
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A Conditional Logit Model of Occupational Choice

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Cited by 217 publications
(110 citation statements)
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“…In addition, individuals who hold a second job for financial reasons are likely to compare the available employment opportunities they have and choose the one with the highest potential in terms of earnings capacity, in accordance with the prediction of standard models of occupational choice (e.g. Freeman, 1971;Boskin, 1974;Berger, 1988;Montmarquette et al, 2002). In order to capture this decision, a new variable in the dataset has thus been created that compares the wages that the individual is likely to receive from his current occupation with the predicted earnings from the best alternative occupation.…”
Section: Multiple Job-holding and Occupational Choicementioning
confidence: 78%
“…In addition, individuals who hold a second job for financial reasons are likely to compare the available employment opportunities they have and choose the one with the highest potential in terms of earnings capacity, in accordance with the prediction of standard models of occupational choice (e.g. Freeman, 1971;Boskin, 1974;Berger, 1988;Montmarquette et al, 2002). In order to capture this decision, a new variable in the dataset has thus been created that compares the wages that the individual is likely to receive from his current occupation with the predicted earnings from the best alternative occupation.…”
Section: Multiple Job-holding and Occupational Choicementioning
confidence: 78%
“…For instance, Hensher [16], McFadden [17], and many other economists have applied this method to estimate the travel mode of urban commuters. Schmidt and Strauss [18] and Boskin [19] have used an unordered multinomial logit model to analyze occupational choice among multiple alternatives. Since our study is based on the national water value cognizance survey 2012, the data set can be defined as unordered and individual specific.…”
Section: The Multinomial Logit Modelmentioning
confidence: 99%
“…Variants of the static model have been employed by, inter alia, Boskin (1974), Schmidt and Strauss (1975), Ham (1982), Makepeace (1996) and Johnes (1999). In these examples, the emphasis has been on the development of a structural model in which wages explicitly play a key role.…”
Section: Literaturementioning
confidence: 99%