Time and Causality: A Monte Carlo Assessment of the Timing-of-Events Approach

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Scarring effects of remaining unemployed for long‐term unemployed school‐leavers (2013, background): “20 The probabilities associated to the points of support sum to one and, ∀ m = 1 , . . . , M , are denoted by and speciﬁed as logistic transforms: with m = 1 , . . . , M and λ M = 0 .”
How Effective are Unemployment Benefit Sanctions? Looking Beyond Unemployment Exit (2009, methodology): “As recommended by Gaure et al. (2007), we select the model that provides the best fit according to the log likelihood.”
Overeducation at the Start of the Career: Stepping Stone or Trap? (2013, methodology): “When we face this problem, in the spirit of Gaure et al. (2007), we mark the offending parameter as ‘positive infinity’ and keep it out of further estimation. 28 This heterogeneity parameter was estimated as a large negative number causing a 0 probability with respect to moving into overeducated emp”