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A Conditional Logit Model of Occupational Choice

Authors: Boskin, Michael J;

A Conditional Logit Model of Occupational Choice

Abstract

The theory of human capital' provides a convenient framework for analyzing the choice of occupation by individual workers. The present paper is devoted to an investigation of the implications of this framework. Section II briefly discusses the human capital approach to occupational choice. Section III reviews the conditional logit statistical model elaborated in McFadden (1968). Section IV discusses the generation of the data. Section V presents the empirical results of this study, that is, tests of hypotheses about the variables influencing occupational choice and estimates of the relative weights given to variables in selecting an occupation. Section VI offers a brief conclusion.

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Powered by OpenAIRE graph
Found an issue? Give us feedback
selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
140
Top 10%
Top 1%
Average
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