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Analysis And Forecast Of The Educational Process Duration Through Markovian Models

Author

Listed:
  • Nicolae, Mariana

    (Institute for Economic Forecasting)

Abstract

With the help of the Markov chains, the paper analyzes the evolution of the educational process in Romania and attempts to forecast the higher education number of graduates that will enter the labor force. Also, according to the initial assumptions of the model, may be obtained information as regards the length of the learning process for every educational level.

Suggested Citation

  • Nicolae, Mariana, 2004. "Analysis And Forecast Of The Educational Process Duration Through Markovian Models," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 1(1), pages 43-51, February.
  • Handle: RePEc:rjr:romjef:v:1:y:2004:i:1:p:43-51
    as

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    More about this item

    Keywords

    mathematical modeling; Markov chains; educational process analysis;
    All these keywords.

    JEL classification:

    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure

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