Comparative Analysis of Labor Market Dynamics Using Markov Processes : An Application to Informality
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 usi...
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Language: | English |
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World Bank, Washington, DC
2012
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Online Access: | http://documents.worldbank.org/curated/en/2007/12/8835902/comparative-analysis-labor-market-dynamics-using-markov-processes-application-informality http://hdl.handle.net/10986/7623 |