Comparative Analysis of Labor Market Dynamics Using Markov Processes : An Application To Informality

Comparative Analysis of Labor Market Dynamics Using Markov Processes : An Application To Informality / Bosch, Mariano

This paper discusses a set of statistics for examining and comparing labor market dynamics based on the estimation of continuous time Markov transition processes. It then uses these to establish stylized facts about dynamic patterns of movement using panel data from Argentina, Brazil and Mexico. The...

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Bibliographic Details
Main Authors:Bosch, Mariano
Other Authors:Maloney, William F., 1959-
Format: Online-Resource
Language:English
Published:Washington, D.C : The World Bank, 2007
Subjects:
Informal Labor Market
Informal Sector
Job Turnover
Labor Force
Labor Market
Labor Markets
Labor Policies
Social Protections and Labor
Unemployed
Unemployment
Worker
Younger Workers
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