A Regime Switching Model of Schooling Choice as a Job Search Process

Joint Authors

Lee, Ho-Seok
Shin, Yong Hyun

Source

Advances in Mathematical Physics

Issue

Vol. 2015, Issue 2015 (31 Dec. 2015), pp.1-5, 5 p.

Publisher

Hindawi Publishing Corporation

Publication Date

2015-11-24

Country of Publication

Egypt

No. of Pages

5

Main Subjects

Physics

Abstract EN

We propose a regime switching model of schooling choice as a job search process.

We adopt a two-state Markov process and the derived coupled Bellman equations are solved by seeking the root of an auxiliary algebraic equation.

Some numerical examples are also considered.

American Psychological Association (APA)

Shin, Yong Hyun& Lee, Ho-Seok. 2015. A Regime Switching Model of Schooling Choice as a Job Search Process. Advances in Mathematical Physics،Vol. 2015, no. 2015, pp.1-5.
https://search.emarefa.net/detail/BIM-1052979

Modern Language Association (MLA)

Shin, Yong Hyun& Lee, Ho-Seok. A Regime Switching Model of Schooling Choice as a Job Search Process. Advances in Mathematical Physics No. 2015 (2015), pp.1-5.
https://search.emarefa.net/detail/BIM-1052979

American Medical Association (AMA)

Shin, Yong Hyun& Lee, Ho-Seok. A Regime Switching Model of Schooling Choice as a Job Search Process. Advances in Mathematical Physics. 2015. Vol. 2015, no. 2015, pp.1-5.
https://search.emarefa.net/detail/BIM-1052979

Data Type

Journal Articles

Language

English

Notes

Includes bibliographical references

Record ID

BIM-1052979