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

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dc.contributor.authorBosch, Mariano
dc.contributor.authorMaloney, William
dc.date.accessioned2012-06-11T14:06:38Z
dc.date.available2012-06-11T14:06:38Z
dc.date.issued2007-12
dc.description.abstractThis 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 estimates suggest broad commonalities among the three countries, and establish numerous common patterns of worker mobility among sectors of work and inactivity. As such, we offer some of the first comparative work on labor dynamics. The paper then particularly focuses on the role of the informal sector, both for its intrinsic interest, and as a case study illustrating the strengths and limits of the tools. The results suggest that a substantial part of the informal sector, particularly the self-employed, corresponds to voluntary entry although informal salaried work may correspond more closely to the standard queuing view, especially for younger workers.en
dc.identifierhttp://documents.worldbank.org/curated/en/2007/12/8835902/comparative-analysis-labor-market-dynamics-using-markov-processes-application-informality
dc.identifier.doi10.1596/1813-9450-4429
dc.identifier.urihttps://hdl.handle.net/10986/7623
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper; No. 4429
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectAGE GROUP
dc.subjectAGE GROUPS
dc.subjectBUSINESS CYCLE
dc.subjectCALCULATION
dc.subjectDEVELOPMENT ECONOMICS
dc.subjectDISGUISED UNEMPLOYMENT
dc.subjectDIVISION OF LABOUR
dc.subjectECONOMIC ACTIVITY
dc.subjectEMPLOYMENT PATTERNS
dc.subjectEMPLOYMENT SPELL
dc.subjectEMPLOYMENT STATUS
dc.subjectENTREPRENEURIAL ABILITY
dc.subjectENTRY POINT
dc.subjectEQUILIBRIUM UNEMPLOYMENT
dc.subjectESTIMATED PARAMETERS
dc.subjectFAMILY RESPONSIBILITIES
dc.subjectFIRM DYNAMICS
dc.subjectFORMAL SECTOR WORKERS
dc.subjectHIGH UNEMPLOYMENT
dc.subjectHOUSEHOLD SURVEY
dc.subjectINFORMAL EMPLOYMENT
dc.subjectINFORMAL LABOR MARKET
dc.subjectINFORMAL SECTOR
dc.subjectINTERNATIONAL PRICES
dc.subjectJOB CREATION
dc.subjectJOB DESTRUCTION
dc.subjectJOB SEPARATION
dc.subjectJOB TURNOVER
dc.subjectJOBS
dc.subjectLABOR ECONOMICS
dc.subjectLABOR FORCE
dc.subjectLABOR FORCE PARTICIPATION
dc.subjectLABOR LEGISLATION
dc.subjectLABOR MARKET
dc.subjectLABOR MARKET FLEXIBILITY
dc.subjectLABOR MARKET TRANSITIONS
dc.subjectLABOR MARKETS
dc.subjectLABOR MOBILITY
dc.subjectLABOR TURNOVER
dc.subjectLABOUR
dc.subjectLABOUR MARKET
dc.subjectLATIN AMERICAN
dc.subjectLEVEL OF EDUCATION
dc.subjectMALE COUNTERPARTS
dc.subjectMARKET WAGE
dc.subjectMEDICAL BENEFITS
dc.subjectMINIMUM WAGES
dc.subjectNEW JOB
dc.subjectNEW JOBS
dc.subjectOLDER WORKERS
dc.subjectPOLITICAL ECONOMY
dc.subjectPRIME AGE
dc.subjectPROBABILITIES
dc.subjectPROBABILITY
dc.subjectQUESTIONNAIRE
dc.subjectRECESSION
dc.subjectRESPONSIBILITIES
dc.subjectRISK AVERSION
dc.subjectSAFETY
dc.subjectSAFETY NET
dc.subjectSALARIED EMPLOYMENT
dc.subjectSALARIED WORKERS
dc.subjectSELF EMPLOYED
dc.subjectSELF EMPLOYMENT
dc.subjectSELF- EMPLOYMENT
dc.subjectSELF-EMPLOYMENT
dc.subjectSINGLE FEMALES
dc.subjectSINGLE WOMEN
dc.subjectSOCIAL SECURITY
dc.subjectSTOCKS
dc.subjectTEMPORARY WORK
dc.subjectTOTAL EMPLOYMENT
dc.subjectTOTAL LABOR FORCE
dc.subjectTRADE LIBERALIZATION
dc.subjectUNEMPLOYED
dc.subjectUNEMPLOYED WORKERS
dc.subjectUNEMPLOYMENT
dc.subjectUNEMPLOYMENT DURATIONS
dc.subjectUNEMPLOYMENT FIGURE
dc.subjectUNEMPLOYMENT RATE
dc.subjectUNEMPLOYMENT SPELLS
dc.subjectURBAN EMPLOYMENT
dc.subjectURBAN EMPLOYMENT SURVEY
dc.subjectWAGE DETERMINATION
dc.subjectWORK FORCE
dc.subjectWORK IN PROGRESS
dc.subjectWORKER
dc.subjectWORKING
dc.subjectWORTH
dc.subjectYOUNG PEOPLE
dc.subjectYOUNG WORKERS
dc.subjectYOUNGER WORKERS
dc.titleComparative Analysis of Labor Market Dynamics Using Markov Processes : An Application to Informalityen
dspace.entity.typePublication
okr.crosscuttingsolutionareaJobs
okr.crossref.titleComparative Analysis Of Labor Market Dynamics Using Markov Processes : An Application To Informality
okr.date.doiregistration2025-04-10T09:29:29.652640Z
okr.doctypePublications & Research::Policy Research Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/2007/12/8835902/comparative-analysis-labor-market-dynamics-using-markov-processes-application-informality
okr.globalpracticeSocial Protection and Labor
okr.guid292701468020976532
okr.identifier.doi10.1596/1813-9450-4429
okr.identifier.externaldocumentum000158349_20071205090425
okr.identifier.internaldocumentum8835902
okr.identifier.reportWPS4429
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2007/12/05/000158349_20071205090425/Rendered/PDF/wps4429.pdfen
okr.region.administrativeLatin America and Caribbean
okr.region.countryBrazil
okr.region.countryArgentina
okr.region.countryMexico
okr.region.geographicalSouth America
okr.topicSocial Protections and Labor::Labor Policies
okr.topicSocial Protections and Labor::Labor Markets
okr.topicWork and Working Conditions
okr.topicSocial Protections and Labor::Labor Standards
okr.unitDevelopment Research Group (DECRG)
okr.volume1 of 1
relation.isAuthorOfPublicationc7d4d195-f430-5039-b564-a3e95b24a117
relation.isAuthorOfPublication.latestForDiscoveryc7d4d195-f430-5039-b564-a3e95b24a117
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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