Early identification of low employability graduate in Malaysia : the use of proportional hazard model / Lim Hock-Eam

Lim, Hock-Eam (2005) Early identification of low employability graduate in Malaysia : the use of proportional hazard model / Lim Hock-Eam. Jurnal Teknologi Maklumat dan Sains Kuantitatif, 7 (1). pp. 41-48. ISSN 1823-0822

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Abstract

This paper illustrates the use of statistical prediction model for early identification of low employability Malaysian graduates using the proportional hazard model. The relative predicted hazard rate or probability of exit from unemployment is used to proxy the graduate's employability. The out-of-sample evaluation shows that the statistical prediction model predicts correctly 83%, 75% and 80% of the graduates that identified at bottom 15%, 20% and 25% of employability respectively. The estimated probability of exit from unemployment also suggests that nine months is the reasonable expected unemployment duration for Malaysian graduates.

Item Type: Article
Uncontrolled Keywords: Early identification, Graduate employability, Graduate unemployment, Proportional hazard model, Statistical prediction model
Subjects: H Social Sciences > HD Industries. Land use. Labor > Labor. Work. Working class > Labor market. Labor supply. Labor demand, Including unemployment, manpower policy, occupational training, employment agencies
H Social Sciences > HD Industries. Land use. Labor > Labor. Work. Working class > College graduates > Malaysia
Divisions: Faculty of Information Technology and Quantitative Sciences
Depositing User: Staf Pendigitan 1
Date Deposited: 17 Apr 2015 03:51
Last Modified: 26 Sep 2016 08:34
URI: http://ir.uitm.edu.my/id/eprint/11648

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