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http://dx.doi.org/10.5351/KJAS.2012.25.6.959

First Job Waiting Times after College Graduation Based on the Graduates Occupational Mobility Survey in Korea  

Lee, Sungim (Department of Statistics, Dankook University)
Moon, Jeounghoon (Department of Statistics, Dankook University)
Publication Information
The Korean Journal of Applied Statistics / v.25, no.6, 2012 , pp. 959-975 More about this Journal
Abstract
Each year research institutions such as the Korea Employment Information Service(KEIS), a government institution established for the advancement of employment support services, and Job Korea, a popular Korean job website, announce first job waiting times after college graduation. This provides useful information understand and resolve youth unemployment problems. However, previous reports deal with the time as a completely observed one and are not appropriate. This paper proposes a new study on first job waiting times after college graduation set to 4 months prior to graduation. In Korea, most college students hunt for jobs before college graduation in addition, the full-fledged job markets also open before graduation. In this case the exact waiting time of college graduates can be right-censored. We apply a Cox proportional hazards model to evaluate the associations between first job waiting times and risk factors. A real example is based on the 2008 Graduates Occupational Mobility Survey(GOMS).
Keywords
The time to get first job after graduation of college; variable selection; Cox's Proportional Hazard model; survival analysis;
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