Labor market dynamics in developing countries: comparative analysis using continuous time Markov processes (English)

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 high degree of commonality in patterns of worker flows among the three countries and attempt to compare the flexibility of the markets by examining an index...

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Author

Bosch Mossi,Mariano;

Maloney,William F.;
Document Date
2005/04/01
Document Type
Policy Research Working Paper
Report Number
WPS3583
Volume No
1
Total Volume(s)
1
Country
World,
Region
Other,
Disclosure Date
2010/07/01
Disclosure Status
Disclosed
Doc Name
Labor market dynamics in developing countries: comparative analysis using continuous time Markov processes
Keywords
formal sector

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Citation

Bosch Mossi,Mariano; Maloney,William F..

Labor market dynamics in developing countries: comparative analysis using continuous time Markov processes (English). Policy Research working paper series ; no. WPS 3583 Washington, DC: World Bank. http://documents.worldbank.org/curated/en/494701468134382848

Labor market dynamics in developing countries: comparative analysis using continuous time Markov processes (English)

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