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

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 o...

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Main Author: Lim, Hock-Eam
Format: Article
Language:English
Published: Fakulti Teknologi Maklumat dan Sains Kuantitatif 2005
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/11648/
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author Lim, Hock-Eam
author_facet Lim, Hock-Eam
author_sort Lim, Hock-Eam
building UiTM Institutional Repository
collection Online Access
description 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.
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spelling uitm-116482016-09-26T08:34:38Z https://ir.uitm.edu.my/id/eprint/11648/ Early identification of low employability graduate in Malaysia : the use of proportional hazard model / Lim Hock-Eam Lim, Hock-Eam Labor market. Labor supply. Labor demand, Including unemployment, manpower policy, occupational training, employment agencies Malaysia 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. Fakulti Teknologi Maklumat dan Sains Kuantitatif 2005 Article PeerReviewed text en https://ir.uitm.edu.my/id/eprint/11648/1/AJ_LIM%20HOCK%20EAM%20JTMSK%2005%201.pdf Lim, Hock-Eam (2005) Early identification of low employability graduate in Malaysia : the use of proportional hazard model / Lim Hock-Eam. (2005) Jurnal Teknologi Maklumat dan Sains Kuantitatif <https://ir.uitm.edu.my/view/publication/Jurnal_Teknologi_Maklumat_dan_Sains_Kuantitatif.html>, 7 (1). pp. 41-48. ISSN 1823-0822
spellingShingle Labor market. Labor supply. Labor demand, Including unemployment, manpower policy, occupational training, employment agencies
Malaysia
Lim, Hock-Eam
Early identification of low employability graduate in Malaysia : the use of proportional hazard model / Lim Hock-Eam
title Early identification of low employability graduate in Malaysia : the use of proportional hazard model / Lim Hock-Eam
title_full Early identification of low employability graduate in Malaysia : the use of proportional hazard model / Lim Hock-Eam
title_fullStr Early identification of low employability graduate in Malaysia : the use of proportional hazard model / Lim Hock-Eam
title_full_unstemmed Early identification of low employability graduate in Malaysia : the use of proportional hazard model / Lim Hock-Eam
title_short Early identification of low employability graduate in Malaysia : the use of proportional hazard model / Lim Hock-Eam
title_sort early identification of low employability graduate in malaysia : the use of proportional hazard model / lim hock-eam
topic Labor market. Labor supply. Labor demand, Including unemployment, manpower policy, occupational training, employment agencies
Malaysia
url https://ir.uitm.edu.my/id/eprint/11648/