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...
| Main Authors: | , |
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| Format: | Policy Research Working Paper |
| Language: | English |
| Published: |
World Bank, Washington, DC
2012
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| 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 |