Abstract
Female Labor Force Participation (FLFP) is perhaps one of the most relevant theoretical issues within the scope of studies of both labor and behavioral economics. Many statistical models have been used for evaluating the relevance of explanatory variables. However, the decision to participate in the labor market can also be modeled as a binary classification problem. For this reason, in this paper, we compare four techniques to estimate the Female Labor Force Participation. Two of them, Probit and Logit, are from the statistical area, while Support Vector Machines (SVM) and Hamming Clustering (HC) are from the machine learning paradigm. The comparison, performed using data from the Venezuelan Household Survey for the second semester 1999, shows the advantages and disadvantages of the two methodological paradigms that could provide a basic motivation for combining the best of both approaches.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
References
Bar M, Leukhina O (2005) Accounting for labor force participation of married women: the case of the U.S. since 1959. http://bss.sfsu.edu/mbar/Research/Paper2.pdf
Beaudry P, Lemieux T (1999) Evolution of the female labor force participation rate in Canada, 1976–1994. Applied Research Branch, Human Resources Development Canada, W994E
Becker G (1965) A theory of the allocation of time. The Economic Journal 75(299):493–517
Blau F, Ferber M (1986) The economics of women, men and work. Prentice-Hall
Boros E, Hammer PL, Ibaraki T, Kogan A, Mayoraz E, Muchnik I (2000) An implementation of logical analysis of data. IEEE Transactions on Knowledge and Data Engineering 12:292–306
Cain G (1965) Married woman in the labor force. University of Chicago Press
Campbell C (2000) An introduction to Kernel methods. In: Howlett RJ, Jain LC (eds) Radial basis function networks: design and applications. Springer Verlag, Berlin
Chang CC, Lin CJ (2001) LIBSVM: a library for support vector machines. http://www.csie.ntu.edu.tw/~cjlin/libsvm
Costa D (2000) From mill town to board room: the rise of women’s paid labor. The Journal of Economic Perspectives 14(4):101–122
Cristianini N, Shawe-Taylor J (2000) An introduction to support vector machines. Cambridge University Press
Gujarati DN (2004) Basic econometrics. 4th Ed. McGraw-Hill/Irwin:341–386
Kaminsky G, Lizondo S, Reinhart C (1998) Leading indicators of currency crisis. IMF Staff Papers, No. 45
Kohavi R, Sahami M (1996) Error-based and entropy-based discretization of continuous features. In: Proceedings of the second international conference on knowledge discovery and data mining:114–119
Liao TF (1994) Interpreting probability models: logit probit and other generalized linear models. Sage University, Thousand Oaks, CA
Liu H, Setiono R (1997) Feature selection via discretization. IEEE Transactions on Knowledge and Data Engineering 9:642–645
McConnell C, Brue S (1997) Labor economics. McGraw-Hill
Mincer J (1962) Labor force participation of married woman. In: Aspects of Labor Economics, Universities NBER Studies Conference, No. 14, Princeton University Press:63–97
Muselli M, Liberati D (2000) Training digital circuits with hamming clustering. IEEE Transactions on Circuits and Systems I 47(4):513–527
Muselli M, Liberati D (2002) Binary rule generation via hamming clustering. IEEE Transactions on Knowledge and Data Engineering 14:1258–1268
Rau W, Waziensky R (1999) Industrialization, female labor force participation and modern division of labor by sex. Industrial Relations 38(4):504–521
Sachs J, LarraÃn F (1994) Macroeconomics in the global economy. Prentice Hall
Veropoulos K, Campbell C, Cristianini N (1999) Controlling the sensitivity of support vector machines. In: Proceedings of the international joint conference on artificial intelligence. Stockholm, Sweden:55–60
Author information
Authors and Affiliations
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2007 Springer-Verlag Berlin Heidelberg
About this chapter
Cite this chapter
Zambrano, O., Rocco S, C.M., Muselli, M. (2007). Estimating Female Labor Force Participation through Statistical and Machine Learning Methods: A Comparison. In: Chen, SH., Wang, P.P., Kuo, TW. (eds) Computational Intelligence in Economics and Finance. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-540-72821-4_5
Download citation
DOI: https://doi.org/10.1007/978-3-540-72821-4_5
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-540-72820-7
Online ISBN: 978-3-540-72821-4
eBook Packages: Computer ScienceComputer Science (R0)