@TechReport{iza:izadps:dp4611,
            	author={Mosthaf, Alexander and Schank, Thorsten and Schnabel, Claus},
            	title={Low-Wage Employment versus Unemployment: Which One Provides Better Prospects for Women?},
            	year={2009},
	month={Dec},
            	institution={Institute of Labor Economics (IZA)},
            	address={Bonn},
            	type={IZA Discussion Paper},
            	number={4611},
            	url={https://www.iza.org/publications/dp4611},
	abstract={This study analyzes state dependence in low-wage employment of western German women using GSOEP data, 2000-2006. We estimate dynamic multinomial logit models with random effects and find that having a low-wage job increases the probability of being low-paid and decreases the chances of being high-paid in the future, in particular for low-paid women working part-time. However, concerning future wage prospects low-paid women are clearly better off than unemployed or inactive women. We argue that for women low-wage jobs can serve as stepping stones out of unemployment and are to be preferred to staying unemployed and waiting for a better job.},
	keywords={state dependence;dynamic multinomial logit model;low-pay dynamics},
            }