Parameter Estimation and Evaluation Population and Distribution Model Population and Distribution Model Example 2(8.2)[Survival/Duration Analysis] Monthly Job-Finding Probability by Unemployment Duration 10 -Kaplan Meier Estimate O No controls -No controls,fitted Full controls 一Full controls.fted Job-finding probability 1.0 Survival Analysis 09 0.8 8%probability of surviving beyond 22 months 0.6 0 50%probability of surviving 0.4 . beyond 65 months 02 0 0 5 10 15 20 25 3 06 Unemployment duration(months) Source:Authors'calqulations from the Cumrent Population Survey. 30 40 50 60 Note:The job-finding probability is expressed relative to the job-finding probability of newly timeline unemployed workers. Parameter Estimation and Evaluation Introduction to Statistics and Econometrics April 21,2020 10/207Parameter Estimation and Evaluation Parameter Estimation and Evaluation Introduction to Statistics and Econometrics April 21, 2020 10/207 Population and Distribution Model Population and Distribution Model Example 2 (8.2) [Survival/Duration Analysis]