Labor Market Dynamics in Developing Countries : Comparative Analysis using Continuous Time Markov Processes

The authors study the dynamics of three developing country labor markets using recent advances in the estimation of continuous time Markov processes. They first examine the flows of workers among five states: three types of paid labor, unemployment, and out of the labor force. The authors find a hi...

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Bibliographic Details
Main Authors: Bosch, Mariano, Maloney, William
Language:English
Published: World Bank, Washington, DC 2012
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2005/04/5800511/labor-market-dynamics-developing-countries-comparative-analysis-using-continuous-time-markov-processes
http://hdl.handle.net/10986/8948